Welcome to your weekly overview of the Perth property market. This week’s data reveals a dynamic and competitive landscape, with a noticeable increase in sales activity coupled with a continuing squeeze on property supply. For both buyers and sellers, understanding these trends is key to making a successful move.

Let’s dive into the numbers for the week ending August 17, 2025.

Sales Market Sees Strong Activity

The Perth market was buzzing with activity last week, with our partners at REIWA reporting a total of 805 sales transactions. This represents a solid 1.6% increase from the previous week, driven primarily by strong demand for established homes.

A closer look at the breakdown shows:

  • House Sales: Up a significant 3.7%
  • Unit Sales: Down slightly by 1.2%
  • Land Sales: Down by 5.6%

The continued strength in house sales highlights persistent buyer demand for traditional family homes across the metropolitan area.

This Week’s Sales Hotspots

Some suburbs are consistently attracting high levels of buyer interest. The top-performing suburbs for sales volume last week were:

  • Baldivis (20 sales)
  • Rockingham (13 sales)
  • Mandurah (12 sales)
  • Maylands (12 sales)
  • Perth (12 sales)

The market also showed its breadth, with sales ranging from a $499,000 property in Gosnells to a premium $3,000,000 sale in Baldivis.

Fewer Homes on the Market Increases Competition

For those looking to buy, the challenge remains the limited supply of available properties. At the end of last week, there were only 3,167 properties for sale across Perth—a 2.2% decrease from the week prior.

This tightening supply is a longer-term trend. The total number of properties for sale is now 7.4% lower than four weeks ago and 5.7% lower than this time last year. With fewer homes to choose from, well-presented and well-priced properties are attracting significant competition.

A Snapshot of the Perth Rental Market

The rental market remains incredibly tight. While the number of available rental properties held steady last week at 2,312, this figure is still 6% lower than a month ago.

REIWA members leased 677 properties last week, and with leasing activity consistently outpacing new listings, the pressure on the rental market continues. For investors, this signals strong tenant demand and the potential for solid rental yields.

This Week’s Most In-Demand Rental Suburbs

  • Baldivis (24 properties leased)
  • Alkimos (18 properties leased)
  • Perth (16 properties leased)
  • Scarborough (15 properties leased)
  • Mount Lawley (14 properties leased)

What This Means For You

  • For Sellers: The combination of rising sales and shrinking inventory creates a seller’s market. Less competition means your property has a greater chance to stand out and achieve a premium price. There has never been a better time to find out what your property is worth.
  • For Buyers: The market is moving quickly. With limited stock, it’s crucial to have your finances in order and be ready to act decisively when you find the right home.
  • For Investors: Tenant demand is robust, and rental stock remains low. This is a positive environment for landlords, underpinning strong rental returns.

Ready to make your next move?

Whether you’re thinking of selling, buying, or investing, our team has the expertise and local knowledge to help you navigate this fast-paced market.

Contact us today for a confidential chat or a complimentary, obligation-free appraisal of your property.