Perth Market Update---August 2025
Active listings* dropped to a record low of 2,981 at the end of August, according to www.reiwa.com data. This was 10.4 per cent fewer than July and 18.3 per cent lower than a year ago. REIWA President Suzanne Brown said an unusually low number of new listings over Winter, coupled with ongoing strong demand had seen active listings continue to decline. “The difficulty in ...
Perth Market Update---July 2025
Winter and the fear of being ‘homeless’ have seen new listings decline in July, according to REIWA. The fall in new listings, combined with consistently strong demand, has led to active listings falling to the lowest level in 12 months. According to www.reiwa.com data, active listings settled at 3,382 at the end of July. REIWA President Suzanne Brown said while it was ...
Perth Market Update ----June 2025
Units are set to outperform houses for price growth in 2025, according to REIWA’s property market quarterly update. REIWA President Suzanne Brown said the median house sale price was trending towards 10 per cent growth over the year, while unit prices were on track to achieve 15 per cent growth under current conditions. “The median sale price in the unit market, whi...
Perth Market Update ----May 2025
🏡 Sales Market Overview House prices: Median increased 0.6% to $780,000, up 18% from May 2024. Unit prices: Median rose 1.9% to $535,000, up 21% year-on-year. Price growth is supported by strong population growth, low unemployment, and a diversifying economy. 🔝 Top Growth Suburbs in May Maylands: +2.9% ($936,000) Bedford: +2.1% ($1,000,000)...
Perth Market Update ---April 2025
Perth’s median house price increased 1.1 per cent in April to $775,000. This was 19.2 per cent higher than at the same time in 2024. The median unit price also increased, rising 1.7 per cent over the month to $525,000. This was 20.7 per cent higher than a year ago. REIWA President Suzanne Brown said while the median house price for the greater Perth region conti...
Common mistakes investors should avoid
Property investment can be a great way to set yourself up financially and has the possibility to reap many long-term financial benefits. Traditionally when we see rents increase, we also see investor activity increase, which is why if you’ve been thinking about property investment, now might be the time to do so. However, achieving success takes time and patienc...
Active listings increase in Perth in March
Source: https://reiwa.com.au/news/active-listings-increase-in-perth-in-march/ Changing market conditions have seen the number of properties advertised for sale in Perth increase. Active listings* settled at 5,082 at the end of March. This was 4.8 per cent higher than at the end of February and 41.5 per cent higher than a year ago. REIWA President Suzanne Brown ...
Albany the fastest growing regional area in the state
Source: https://reiwa.com.au/news/albany-the-fastest-growing-regional-area-in-the-state/ Albany was the fastest growing local government area in the state by annual growth in net internal migration, according to the Regional Movers Index for the December 2024 quarter. It recorded a 200 per cent increase in net internal migration, with the majority of growth from city dw...