PERTH REAL OCTOBER

Perth Real market snapshot for October 2025

Sales transactions in Perth last week were up 6.4 per cent on the previous week, with REIWA members reporting 903 transactions. A closer look shows house sales were up 3.4 per cent compared to the week prior, unit sales were up 2.1 per cent and land sales were up 55.8 per cent.

Top performing suburbs – sales
Baldivis – 18
Perth – 17
Subiaco – 14
Como – 10
Rivervale – 10
Perth’s highest sale price: Nedlands – $6,650,000
Perth’s lowest sale price: Mandurah – $450,000

There were 2,930 properties for sale in Perth at the end of last week, which is 3.5 per cent higher than the previous week. This can be attributed to house listings increasing 4.1 per cent compared to the week prior, unit listings increasing 1.1 per cent and listings for vacant land increasing 4.1 per cent.

Last week’s total figure of properties available for sale is 3.1 per cent higher than four weeks ago but 40.6 per cent lower than levels seen a year ago.
In Perth’s rental market, REIWA members reported there were 2,178 properties for rent in Perth at the end of last week, which is 2.9 per cent down on the week prior. Last week’s rental listings figure is 5.6 per cent higher than four weeks ago and 13.7 per cent higher than a year ago.

Top performing suburbs – rentals
Baldivis – 24
Como – 15
East Perth – 14
Alkimos – 13
Mandurah – 12
REIWA members reported 666 properties leased last week, which is 4.7 per cent higher than the previous week, 2.5 per cent lower than four weeks ago and 10.4 per cent higher than a year ago.

https://reiwa.com.au/the-wa-market/perth-metro/

rea.com.au

Perth – Greater Region, WA 6000
House price guide Median price $1,210,000 October 2025
Past 12 month growth Up 13.1%

5 year median price trend
NOV ’20 $750k
NOV ’21 $750k
NOV ’22 $750k
NOV ’23 $1.25m
NOV ’24 $1.5m

Property market insights for houses
Supply, demand and performance data for houses in Perth.

29 housesavailable in the past month
52 sold in the past 12 months
68 days median time on market
1734 buyers interested
3.0% rental yield

Houses for sale in Perth
Median price snapshot for units $535,000
November 2024 – October 2025
Past 12 month growth Up 10.8%

5 year median price trend
NOV ’20 $405k
NOV ’21 $420
NOV ’22 $450k
NOV ’23 $495k
NOV ’24 $540k

Property market insights for units
Supply, demand and performance data for units in Perth.
196 units available in the past month
624 sold in the past 12 months
46 days median time on market
4351 buyers interested
6.6% rental yield

Median price snapshot

2 bed house $750
3 bed house $960,000
4 bed house $1,363,000

1 bed unit $450,000
2 bed unit $598,000
3 bed unit $900,000

Perth property market

Last month Perth had 228 properties available for rent and 225 properties for sale.
Median property prices over the last year range from $1,210,000 for houses to $535,000 for units. If you are looking for an investment property, consider houses in Perth rent out for $850 PW with an annual rental yield of 3.0% and units rent for $695 PW with a rental yield of 6.6%. Perth has seen an annual compound growth rate of 13.1% for houses and 10.8% for units.

brokernews.com.au/news/breaking-news/booming-wa

australianpropertyupdate.com.au/apu/perth-homes-sell-at-record-speed

realestate.com.au/news/selling-surge-record-breaking-rush

openagent.com.au/suburb-profiles/perth-property-market

apimagazine.com.au/news/article/perth-braces-for-major-property-boom

propertyupdate.com.au/rental-markets-tighten-over-october

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