
Is It Cheaper to Buy Than Rent in Perth?
Renting vs buying Is It Cheaper to Buy Than Rent in Perth? For many Perth renters, buying a
Top Performing Suburbs
The 2025–26 financial year was another strong year for Perth’s rental market, with landlords continuing to benefit from steady tenant demand and solid rental returns.
Although rental growth wasn’t consistent throughout the year, the market remained resilient. Some suburbs stood out for delivering higher rental yields, others experienced strong rent growth, while many continued to lease properties in a matter of days.
Here’s a look at some of the key trends from the past financial year.
Rental yield is one of the key measures investors look at when assessing a property’s performance. It compares the annual rental income to the property’s value and provides an indication of the return an investment may generate.
The suburbs below recorded some of Perth’s strongest rental yields during the 2025–26 financial year.
Top 10 Suburbs for Rental Yield (Houses):
Source: REIWA. Filtered for suburbs with 28 or more house sales on <1HA and 28 or more house leases in 2025-26.
The list highlights suburbs where houses continued to deliver solid rental returns. While yields have eased slightly compared to previous years as property values have increased, many areas continue to offer attractive opportunities for investors.
Top 10 suburbs for rental yield (units):
Source: REIWA. Filtered for suburbs with 28 or more unit sales and 28 or more unit leases in 2025-26.
Units also continued to perform well across several Perth suburbs. Strong tenant demand and competitive rental prices helped maintain healthy returns throughout the year.
Rental prices reached new highs during the financial year, although the pace of growth varied across Perth.
Some suburbs recorded particularly strong increases, reflecting continued demand from tenants and limited availability of quality rental homes.
Top 10 Suburbs for Rent Price Growth (Houses):
Source: REIWA. Filtered for suburbs with 28 or more house leases in 2024-25 and 2025-26.
The suburbs featured above experienced some of the highest annual growth in house rents, showing that demand remained strong despite affordability pressures.
Top 10 Suburbs for Rent Price Growth (Units):
Source: REIWA. Filtered for suburbs with 28 or more unit leases in 2024-25 and 2025-26.
Many unit markets also recorded solid rental growth, particularly in well-connected suburbs close to transport, employment and local amenities.
Another standout feature of Perth’s rental market was how quickly properties continued to lease.
Well-presented homes in desirable locations often attract tenants within a short period, giving landlords confidence that quality rental properties remain in demand.
Fastest Leasing Suburbs (Houses):
Source: REIWA. Filtered for suburbs with 28 or more house leases in 2025-26.
The suburbs above recorded some of the shortest leasing times for houses during the financial year, highlighting continued competition among tenants.
Fastest Leasing Suburbs (Units):
Source: REIWA. Filtered for suburbs with 28 or more unit leases in 2025-26.
The 2025–26 financial year reinforced the strength of Perth’s rental market. Rental prices remained at record levels, many suburbs delivered healthy rental returns, and quality properties continued to lease quickly.
While every suburb has its own market conditions, the figures show that well-located and well-maintained investment properties continue to perform strongly. As Perth’s population grows and demand for housing remains steady, understanding local market trends can help landlords make informed decisions about their investment now and into the future.

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