Sales transactions in Perth last week were up 7.3 per cent on the previous week, with REIWA members reporting 856 transactions. A closer look shows house sales were up 9.3 per cent compared to the week prior and unit sales were up 3.2 per cent while land sales were down 1.7 per cent.
Top performing suburbs - sales
- Mosman Park - 12
- Nollamara - 12
- Byford - 11
- Morley - 11
- Perth - 11
Perth's highest sale price: North Perth - $2,950,000
Perth's lowest sale price: Mosman Park - $470,000
There were 3,355 properties for sale in Perth at the end of last week, which is 1.9 per cent higher than the previous week. This can be attributed to house listings increasing 1.2 per cent compared to the week prior, unit listings increasing 3.3 per cent and listings for vacant land increasing 3.2 per cent.
Last week's total figure of properties available for sale is 21.9 per cent higher than four weeks ago but 34.1 per cent lower than levels seen a year ago.
In Perth's rental market, REIWA members reported there were 1,876 properties for rent in Perth at the end of last week, which is 1.4 per cent down on the week prior. Last week's rental listings figure is similar to four weeks ago but 11.2 per cent lower than a year ago.
Top performing suburbs - rentals
- Perth - 14
- Baldivis - 13
- Scarborough - 11
- East Perth - 10
- Ellenbrook - 10
REIWA members reported 622 properties leased last week, which is 5.2 per cent higher than the previous week but 5.9 per cent lower than four weeks ago and 13.9 per cent lower than a year ago.
Visit our Perth Market Snapshot graphic for a complete breakdown of the past week.
