Perth Property Market Update and Words of Wisdom
Welcome to the new year of 2026! So, what can we expect from the Perth and Western Australian property market moving forward?
Most forecasts point to further price increases, with Western Australia (WA) predicted to be a top performer nationally, though perhaps at a slower pace than recent years.
The last Census showed a higher percentage of people are entering WA now than ever before. This is off the back of positive economic conditions and a preferred lifestyle.
With the low housing supply, it is expected to see continued price growth that may push the median price to the $1m mark. Some analysts predicting another double-digit price growth making it challenging for first-home buyers as entry-level prices climb towards $1million.
WA’s rental market, especially Perth, remains tight with vacancy rates around 2%. Growth is slowing, particularly at the higher-end – this is likely due to affordability limits. Demand for mid-range rentals stays strong, further rent increases are less likely.Â
Market Facts
Quarter 4 2025
Volume of sales (By Type)Houses = 19 Units = 74 Land = 4 |
Volume of sales (By Type)Highest Sale = $3,400,000 Lowest Sale = $1,000,000 Unit SalesHighest Sale = $1,900,000 Lowest Sale $405,000 |
Gone and Selling Properties
1/203 Labouchere Road, Como
Sold for $905,000 2 x 1 x 2
1/203 Labouchere Road, Como
Sold for $905,000 2 x 1 x 2
1/203 Labouchere Road, Como
Sold for $905,000 2 x 1 x 2
2/39 Preston Street, Como
Sold for $1,600,000 4 x 2 x 2
1/203 Labouchere Road, Como
Sold for $905,000 2 x 1 x 2
1/203 Labouchere Road, Como
Sold for $905,000 2 x 1 x 2
2/45 Park Street, Como
Sold for $952,500 3 x 1 x 2
1/203 Labouchere Road, Como
Sold for $905,000 2 x 1 x 2
1/203 Labouchere Road, Como
Sold for $905,000 2 x 1 x 2
