Sales transactions in Perth last week were down 2.1 per cent on the previous week, with REIWA members reporting 645 transactions. A closer look shows house sales were down 5.6 per cent compared to the week prior while unit sales were up 6.1 per cent and land sales were up 25.8 per cent.
Top performing suburbs – sales
- Scarborough – 14
- Ellenbrook – 12
- Baldivis – 11
- East Perth – 8
- Perth – 8
Perth's highest sale price: Cardup – $1,625,000
Perth's lowest sale price: Maylands – $450,000
There were 5,901 properties for sale in Perth at the end of last week, which is 2.9 per cent higher than the previous week. This can be attributed to house listings increasing 2.8 per cent compared to the week prior, unit listings increasing 2.6 per cent and listings for vacant land increasing 4.7 per cent.
Last week's total figure of properties available for sale is 16 per cent higher than four weeks ago and 47.6 per cent higher than levels seen a year ago.
In Perth's rental market, REIWA members reported there were 2,301 properties for rent in Perth at the end of last week, which is 1.3 per cent down on the week prior. Last week's rental listings figure is 1.2 per cent lower than four weeks ago and 6.2 per cent lower than a year ago.
Top performing suburbs – rentals
- Baldivis – 19
- Perth – 18
- Scarborough – 14
- Fremantle – 13
- Eglinton – 11
REIWA members reported 656 properties leased last week, which is similar to the previous week, 1.9 per cent higher than four weeks ago and 6 per cent lower than a year ago.
Visit our Perth Market Snapshot graphic for a complete breakdown of the past week.
