Outer Suburbs Lead Perth’s Housing Growth Outer Suburbs Lead Perth’s Housing Growth, Surpassing Inner-City Markets Perth’s outer suburbs have performed better than inner-city areas over the past year. New data shows the strongest housing growth has been happening on the edges of Australia’s capital cities, with Perth’s outer suburbs leading the way.Data from...
weekly market snapshot Perth weekly market snapshot for the week ending 4 May 2025 Property sales in Perth jumped 79.3% last week compared to the week before, with 997 transactions. Breaking it down, house sales rose by 63.6%, unit sales were up 48.8%, and land sales saw a massive increase of 316.7%. Top performing suburbs – sales East Perth –...
investment property market 10 insights into the investment property market Rents are rising as vacancy rates tighten, though annual growth has slowed to a four-year low. Despite this, rents are forecast to rise another 18%. Home prices have jumped nearly 50% in five years, with Adelaide joining the million-dollar median club. Listings are up, new builds are down, and...
Federal Election Housing Takes Centre Stage in the Federal Election – What Does It Mean for WA? As the housing crisis takes centre stage in the federal election campaign, REIWA has welcomed the national attention but is calling on both major parties to ensure Western Australia isn’t overlooked when it comes to delivering practical, on-the-ground solutions.Housing...
weekly market snapshot Perth weekly market snapshot for the week ending 23 February 2025 Sales activity in Perth declined by 3.8 per cent last week compared to the previous week, with REIWA members recording a total of 944 property transactions. Breaking it down further, house sales dipped by 3.4 per cent week-on-week, unit sales saw a sharper fall of 18 per cent, while...
Perth property boom Perth property boom slows down as house prices drop from their peak. Shifting conditions in Perth’s unpredictable property market have caused the pace of price growth to ease, with adjusted values now sitting just marginally below the peak levels reached in October last year.According to the latest data from CoreLogic, Perth home values (both houses...
WA Rental Crisis Vacancy Rate Data Questioned Amid Signs of Easing Last week, the Real Estate Institute of WA announced that Perth’s vacancy rate hit 2 per cent in January, a level not seen since June 2020. Experts suggest that if current trends persist, the rental shortage could ease by mid-2025. About MAVIN The latest rental figures from a...
weekly market snapshot Perth weekly market snapshot for the week ending 23 February 2025 Sales transactions in Perth saw a slight increase last week, rising 2.7 per cent compared to the previous week, with REIWA members reporting 942 transactions. House sales were up 2.2 per cent, while unit sales recorded a stronger increase of 6.7 per cent. However, land sales...
Perth’s million dollar club Perth’s million dollar club reached 100 suburbs in 2024 A record 37 suburbs joined Perth’s million-dollar club in 2024, bringing the total number of suburbs with a median house sale price of $1 million to 100. About MAVIN REIWA CEO Cath Hart attributed the significant increase to strong price growth throughout...
weekly market snapshot Perth weekly market snapshot for the week ending 19 January 2025 Sales transactions in Perth last week increased by 19.9 per cent compared to the previous week, with REIWA members reporting 698 transactions. House sales saw a notable rise of 29 per cent, while unit sales grew by 14.8 per cent. In contrast, land sales declined by 33.3 per cent...
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