Rentals Rockingham

📈 **Perth Property Market Update – More Choice for Buyers, Rental Demand Remains Strong**

Perth's property market eased slightly last week, with **689 properties sold**, down **3.1%** on the previous week.

Here's how the market performed:
🏡 House sales decreased **4.6%**
🏢 Unit sales increased **7.9%**, continuing to show strong buyer demand.
🌱 Land sales fell **17.2%** after recent strong activity.

The number of properties available for sale continues to grow, with **6,333 properties on the market** at the end of the week. That's **2.4% higher** than the previous week, **10.5% higher** than four weeks ago, and a significant **78.6% higher than this time last year**.

While buyers are enjoying greater choice, well-priced homes in desirable locations are still attracting solid interest.

🏠 **Rental Market Update**

Rental listings remained steady at **2,326 properties**, virtually unchanged from recent weeks, but still **6.7% lower than a year ago**, highlighting that rental supply remains tight.

Leasing activity improved, with **671 properties leased** during the week—an increase of **7.7%** on the previous week. This is another sign that tenant demand continues to be strong across Perth.

**What does this mean?**

✅ **For buyers:** More listings mean more choice and a little more time to make informed decisions.

✅ **For sellers:** Competition is increasing, so presentation, pricing and a strong marketing strategy are becoming even more important.

✅ **For investors:** Tight rental supply and healthy leasing activity continue to support attractive rental returns, making Perth an appealing investment market.

The Perth property market is continuing its transition towards a more balanced environment. Although listings are increasing, demand remains healthy and quality properties continue to perform well.

Thinking of buying, selling or investing? Now is a great time to understand what these changing market conditions mean for your property. Feel free to get in touch for an obligation-free chat.

Perth's property market recorded another positive week, with 719 sales transactions, representing a 12.5% increase on the previous week according to REIWA.

Breaking the figures down:
• House sales increased 5.5%
• Unit sales rose 15%
• Land sales recorded the strongest growth, increasing 109.7%

At the same time, the number of properties available for sale continues to rise. Perth finished the week with 6,184 properties listed for sale, an increase of 1.1% over the previous week and 68.3% higher than the same time last year. While this gives buyers more choice, stock levels remain well below long-term historical averages.

The rental market also remains resilient. There were 2,315 rental properties available, up 2.8% for the week, although listings remain 6.7% lower than a year ago. Leasing activity totalled 623 properties, down 16.6% from the previous week but still reflecting the ongoing demand for quality rental accommodation.

Key market observations:

• Buyers are benefiting from an increasing selection of available properties, creating a more balanced marketplace.
• Sellers continue to achieve strong results when properties are priced correctly and presented to a high standard.
• Investors remain well positioned, with tight rental supply continuing to underpin attractive rental returns.

The Perth property market appears to be transitioning from an environment of extremely limited supply to one that offers greater balance. Increased stock is providing buyers with more options, but demand remains solid and well-located properties continue to perform strongly.

Understanding local market conditions has never been more important. Whether you're buying, selling or investing, informed decisions are the key to achieving the best outcome.

What trends are you seeing in your local market? I'd be interested to hear your thoughts.

📈 Perth Property Market Update – Another Interesting Week!

The Perth property market continues to show resilience, with 647 sales recorded last week, up 1.9% on the previous week.

🏡 Sales Snapshot
• House sales remained steady.
• Unit sales jumped 12.4%, showing continued demand for more affordable housing options.
• Land sales eased by 15.8%.

📋 More Choice for Buyers
The number of properties available for sale has risen to 6,114, up 3.6% over the past week. More importantly, stock levels are now 54% higher than this time last year, giving buyers greater choice and creating a more balanced market than we've seen for some time.

🏠 Rental Market Remains Tight
Rental listings fell again to 2,252 properties, down 2.1% on the previous week and 6.3% lower than a year ago. Despite the increase in homes for sale, quality rental properties remain in short supply.

🔑 Leasing Activity Strengthens
REIWA members reported 747 properties leased last week, an impressive 14.4% increase on the previous week and 20.9% higher than four weeks ago. This confirms that tenant demand across Perth remains strong.

💭 My Take
We're seeing Perth transition towards a more balanced sales market as listings continue to increase, giving buyers more opportunities and slightly reducing the urgency we've experienced over the past couple of years. However, the rental market continues to favour landlords, with low vacancy levels and strong leasing activity underpinning rental demand.

📊 **PERTH PROPERTY MARKET UPDATE** 🏡

The Perth property market remained relatively stable last week, with REIWA members reporting **645 sales transactions**, down just **2.1%** on the previous week.

A closer look at the figures shows:

🏠 House sales were down 5.6%
🏢 Unit sales increased 6.1%
🌱 Land sales rose 25.8%

While overall sales activity softened slightly, buyer interest in units and land remained strong.

📈 **Listings Continue to Climb**

There were **5,901 properties for sale** across Perth at the end of last week, representing a **2.9% increase** on the previous week.

This increase was driven by:

✔️ House listings up 2.8%
✔️ Unit listings up 2.6%
✔️ Vacant land listings up 4.7%

Compared to:

📅 Four weeks ago – listings are up 16%
📅 One year ago – listings are up an impressive 47.6%

The continued rise in available stock means buyers now have significantly more choice than they did this time last year.

🏘️ **Rental Market Update**

There were **2,301 properties available for rent** across Perth last week, down **1.3%** from the previous week.

Rental stock is now:

🔹 1.2% lower than four weeks ago
🔹 6.2% lower than one year ago

The reduction in rental listings suggests demand for quality rental properties remains strong.

🔑 **Leasing Activity**

REIWA members reported **656 properties leased** last week:

▪️ Similar to the previous week
▪️ Up 1.9% compared to four weeks ago
▪️ Down 6% compared to a year ago

💬 Perth's property market continues to show resilience. While sales volumes have eased slightly, the increase in available stock is helping to create a more balanced market. At the same time, rental supply remains tight, supporting strong demand for well-presented investment properties.

For sellers, buyers, landlords and investors, understanding local market conditions is becoming increasingly important as the market evolves.

Thinking about your next property move? Now is a great time to review your options and understand how these changing market conditions may impact your property's value and opportunities.

📊 **PERTH PROPERTY MARKET UPDATE** 🏡

The Perth property market recorded a positive week, with REIWA members reporting **669 sales transactions**, an increase of **7.4%** on the previous week.

Looking deeper into the figures:

🏠 House sales surged **24.6%**
🏢 Unit sales declined **12.1%**
🌱 Land sales fell **56.9%**

The strong rise in house sales highlights continued buyer demand for established homes, despite increasing stock levels across the market.

📈 **More Choice for Buyers**

There were **5,733 properties for sale** across Perth at the end of last week, up **2.9%** from the previous week.

This increase was driven by:

✔️ House listings up 2.4%
✔️ Unit listings up 2.8%
✔️ Vacant land listings up 7.3%

Compared to:

📅 Four weeks ago – listings are up 19.2%
📅 One year ago – listings are up an impressive 40.8%

The continued growth in available stock is providing buyers with far more choice than we've seen in recent years and is helping create a more balanced market.

🏘️ **Rental Market Update**

There were **2,331 properties available for rent** across Perth last week, a slight decrease of **1.1%** compared to the previous week.

Rental listings are:

🔹 1.2% higher than four weeks ago
🔹 3.9% lower than a year ago

🔑 **Leasing Activity Strengthens**

REIWA members reported **661 properties leased** last week:

▪️ Up 18.7% on the previous week
▪️ Up 7.7% compared to four weeks ago
▪️ Up 1.5% compared to a year ago

💬 While the number of properties available for sale continues to climb, buyer and tenant demand remains resilient. The sharp increase in house sales and leasing activity demonstrates that well-presented and correctly priced properties are still attracting strong interest.

For sellers and landlords, understanding current market conditions and pricing strategies has never been more important.

📈 PERTH PROPERTY MARKET UPDATE 🏡

The Perth property market softened slightly last week, with REIWA members reporting 631 sales transactions, down 6.2% on the previous week.

A closer look at the figures shows:

🏠 House sales were down 12.7%
🏢 Unit sales increased 3.1%
🌱 Land sales jumped 28.6%

While sales activity eased, the number of properties available for sale continues to grow, giving buyers more choice across the Perth market.

📊 There were 5,574 properties for sale at the end of last week, representing a 4.6% increase on the previous week.

This increase was driven by:

✔️ House listings up 6.0%
✔️ Unit listings up 3.3%
✔️ Vacant land listings down 3.9%

Compared to:

📅 Four weeks ago – listings are up 21.1%
📅 One year ago – listings are up 34.5%

🏘️ Rental Market Update

There were 2,356 properties available for rent across Perth last week, up 1.6% from the previous week.

Rental stock is now:

🔹 4.9% higher than four weeks ago
🔹 1.8% higher than the same time last year

🔑 Leasing Activity

REIWA members reported 562 properties leased last week:

▪️ Down 9.4% on the previous week
▪️ Down 12.2% compared to four weeks ago
▪️ Down 14.6% compared to a year ago

💬 The story of the Perth market continues to be rising stock levels. With listings now more than 34% higher than this time last year, buyers are enjoying greater choice and less competition than we've seen in recent years.

While sales and leasing activity have eased, demand remains healthy and well-positioned properties continue to attract strong interest. As the market moves towards a more balanced environment, accurate pricing and effective marketing are becoming increasingly important.

Thinking of buying, selling, leasing or investing? Now is the perfect time to understand how these changing market conditions may affect your property's value and opportunities in the market.

📈 **PERTH PROPERTY MARKET UPDATE** 🏡

The Perth property market remained steady last week, with REIWA members reporting **685 sales transactions**, a figure largely unchanged from the previous week.

Breaking down the numbers:

🏠 House sales were down 3.1%
🏢 Unit sales increased 3.9%
🌱 Land sales surged 35.7%

While sales activity remained stable, the number of properties available for sale continues to grow.

📊 There were **5,330 properties for sale** across Perth at the end of last week, representing a **4.8% increase** on the previous week.

This was driven by:

✔️ House listings up 5.1%
✔️ Unit listings up 5.6%
✔️ Vacant land listings remaining relatively stable

Compared to:

📅 Four weeks ago – listings are up 19.5%
📅 One year ago – listings are up 25.4%

🏘️ **Rental Market**

Rental listings remained steady with **2,320 properties available for rent** across Perth.

This is:

🔹 3.9% higher than four weeks ago
🔹 2.3% lower than the same time last year

🔑 Leasing activity saw **624 properties leased** last week:

▪️ Down 3.7% on the previous week
▪️ Up 13.2% compared to four weeks ago
▪️ Slightly down 0.8% compared to a year ago

The continued increase in available stock is providing buyers with more choice than we've seen for some time, while strong leasing numbers highlight that demand remains healthy across the Perth market.

📊 Perth Market Update – More Choice, Softer Activity

Sales activity eased last week, with 694 properties sold – down 12.4% on the previous week.

🔻 House sales fell 10.7%
🔻 Unit sales dropped 23%
🔺 Land sales increased 8.3%

💡 A shift in momentum, with fewer transactions but continued interest in land.

🏡 Listings Continue to Climb
There are now 4,459 properties for sale in Perth – up 6.6% week-on-week.

✔️ House listings up 6.7%
✔️ Unit listings up 5.2%
✔️ Land listings up 9.2%

Stock levels are now 36% higher than four weeks ago, although still 6.2% lower than this time last year.

🏘️ Rental Market Update
Rental supply is increasing, with 2,233 properties available – up 3% from last week.

📌 Leasing activity:
• 554 properties leased (-12.1% week-on-week)
• Up compared to four weeks ago
• Down 19.2% compared to last year

💡 The Takeaway:
We’re seeing a market where supply is building, but activity has softened in the short term.

For buyers and tenants, this means more choice and less urgency.
For sellers and landlords, pricing and presentation are key to standing out.

📩 Thinking of selling or leasing?
Now’s the time to position your property correctly — reach out for a no-obligation appraisal and tailored advice.

📊 Perth Market Update – Steady Growth Continues

Sales activity lifted again last week, with 803 properties sold – up 9.7% on the previous week.

🔺 House sales increased 11.8%
🔺 Unit sales rose 11.5%
🔻 Land sales eased 18.8%

💡 Buyer demand remains strong, particularly across houses and units.

🏡 Listings on the Rise
There are now 4,182 properties for sale in Perth – up 5.4% week-on-week.

✔️ House listings up 5.6%
✔️ Unit listings up 3.1%
✔️ Land listings up 9.5%

Stock levels are building, now sitting 24.6% higher than four weeks ago, though still 12.2% lower than this time last year.

🏘️ Rental Market Snapshot
Rental supply remains tight despite a slight increase, with 2,169 properties available – up 0.7% from last week.

📌 Leasing activity:
• 630 properties leased (-1.3% week-on-week)
• Slightly up on four weeks ago
• Strongly up 37.9% compared to last year

💡 The Takeaway:
The Perth market continues to show steady, controlled growth — with rising sales, increasing listings, and strong rental demand.

For sellers, active buyers are still in the market.
For buyers and tenants, more choice is gradually becoming available.

📊 Perth Market Update – Strong Rebound in Activity!

Sales bounced back sharply last week, with 746 properties sold – up 20.5% on the previous week.

🔺 House sales surged 32%
🔺 Unit sales climbed 27.1%
🔻 Land sales fell 44.2%

💡 A clear return of buyer confidence, particularly in established homes and units.

🏡 Listings Continue to Build
There are now 3,966 properties for sale in Perth – up 8.1% week-on-week.

✔️ House listings up 8.1%
✔️ Unit listings up 7.9%
✔️ Land listings up 8.3%

Stock levels are now 20.4% higher than four weeks ago, though still 14.3% lower than this time last year — keeping the market relatively tight.

🏘️ Rental Market Gains Momentum
Rental supply has increased to 2,153 properties available – up 2.6% from last week.

📌 Leasing activity:
• 639 properties leased (+30.1%)
• Up compared to both four weeks ago and last year

💡 The Takeaway:
Momentum is back in the Perth market — sales and leasing activity are both on the rise, while stock levels continue to build.

For sellers and landlords, this means active buyers and tenants are in the market right now.
For buyers and renters, more choice is starting to emerge.