Sales activity decreased 11 per cent in Perth last week, with REIWA members reporting 841 transactions.

This decrease can be attributed to a 10 per cent fall in house sales, an eight per cent fall in unit sales, and an 18 per cent fall in vacant land sales over the week.

Properties for sale

There were 8,363 properties for sale in Perth at the end of last week, which is one per cent less than the previous week.

A closer look at listing stock levels shows house, unit and land listings all increased by one per cent.

Last week’s total figure is two per cent lower than four weeks ago and 22 per cent lower than a year ago.

Perth rental market

REIWA members reported there were 2,684 properties for rent in Perth at the end of last week, which is one per cent more than the previous week.

Last week’s rental listings figure is 11 per cent lower than four weeks ago and 24 per cent lower than the same time last year.

View our Perth Market Snapshot graphic for a complete breakdown of the past week.

 

Sourced from REIWA