Sales transactions in Perth last week were up 30.5 per cent on the previous week, with REIWA members reporting 938 transactions. A closer look shows house sales were up 43 per cent compared to the week prior and unit sales were up 41.3 per cent, while vacant land sales were down 38 per cent.
Top performing suburbs – sales
- Baldivis – 22
- Perth – 21
- East Perth – 15
- Subiaco – 15
- Ellenbrook – 12
Perth’s highest sale price: Dalkeith – $1,800,000
Perth’s lowest sale price: West Perth – $320,000
There were 3,716 properties for sale in Perth at the end of last week, which is 0.7 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 1.2 per cent and listings for vacant land decreasing 2.5 per cent.
Last week’s total figure of properties available for sale is 6.4 per cent lower than four weeks ago and 45.6 per cent lower than levels seen a year ago.
In Perth’s rental market, REIWA members reported there were 2,045 properties for rent in Perth at the end of last week, which is 4.2 per cent up on the week prior. Last week’s rental listings figure is 12.6 per cent higher than four weeks ago and 1.7 per cent lower than a year ago.
Top performing suburbs – rentals
- Baldivis – 23
- East Perth – 22
- Perth – 18
- Maylands – 13
- Rivervale – 11
REIWA members reported 630 properties leased last week, which is 26.8 per cent higher than the previous week, 3.6 per cent higher than four weeks ago and 28.6 per cent higher than a year ago.
Visit our Perth Market Snapshot graphic for a complete breakdown of the past week.
