Sales transactions in Perth last week were unchanged on the previous week, with REIWA member reporting 610 transactions. A closer look shows house sales were down 2.0 per cent compared to the week prior, unit sales were up 13.3 per cent and land sales were down 12.0 per cent.
Top performing suburbs - sales
- Baldivis - 13
- Perth - 13
- Canning Vale - 9
- Rockingham - 8
- Balga - 7
Perth's highest sale price: Carramar - $1,425,000
Perth's lowest sale price: Perth - $550,000
There were 8,633 properties for sale in Perth at the end of last week, which is 4.2 per cent higher than the previous week. This can be attributed to house listings increasing 4.8 per cent compared to the week prior, unit listings increasing 2.3 per cent and listings for vacant land increasing 3.8 per cent.
Last week's total figure of properties available for sale is 11.3 per cent higher than four weeks ago and 204.7 per cent higher than levels seen a year ago.
In Perth's rental market, REIWA members reported there were 2,037 properties for rent in Perth at the end of last week, which is 2.3 per cent higher than the week prior. Last week's rental listings figure is 3.2 per cent higher than four weeks ago and 9.2 per cent lower than a year ago.
Top performing suburbs - rentals
- Baldivis - 21
- East Perth - 16
- Scarborough - 16
- Perth - 15
- Alkimos - 12
REIWA members reported 600 properties leased last week, which is 3.7 per cent lower than the previous week, 1.3 per cent higher than four weeks ago and 4.3 per cent higher than a year ago.
Visit our Perth Market Snapshot graphic for a complete breakdown of the past week.
