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 – 17
- Baldivis – 14
- Aveley – 13
- Canning Vale – 12
- Perth – 12
Perth’s most expensive sale:
Claremont – $7,585,000
Perth’s most affordable sale:
Maylands – $290,000
At the end of last week, there were 4,753 properties listed for sale in Perth – about the same as the week before. This steady number comes from a 2.8% rise in house listings, a 2.1% drop in unit listings, and a 9.6% drop in vacant land listings.
Compared to four weeks ago, the total number of properties for sale is down 6.4%, but it’s 33.8% higher than this time last year.
In the rental market, there were 2,298 properties available for rent in Perth last week, also holding steady. This is 2.7% more than four weeks ago and 3.7% more than a year ago.
Top performing suburbs – rentals
- Baldivis – 19
- East Perth – 18
- Perth – 14
- Alkimos – 12
- Rivervale – 11
699 properties leased last week, which is 51.3 per cent higher than the previous week, 13.1 per cent higher than four weeks ago and 6.9 per cent higher than a year ago.