Perth Property Market Snapshot // Week Ending 25 May 2025
Perth’s property market has shown strong momentum over the past week, with both sales and leasing activity on the rise.
🔹 Sales Market Overview
Sales transactions jumped 10.8% week-on-week, with 1,017 total sales reported across the Perth metropolitan area. Breaking it down:
• House sales rose by 10.4%
• Unit sales increased 9.8%
• Land sales surged by 19%
📍 Top Suburbs for Sales
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Baldivis – 25 properties sold
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Perth – 17
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South Perth – 14
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East Perth – 13
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Balga – 12
💰 Highest Sale: Claremont – $2.9 million
💸 Lowest Sale: Pinjarra – $392,000
🔹 Property Listings
At the close of last week, there were 4,546 properties for sale, marking a 4.2% drop compared to the week prior. This decline is largely due to a 6.4% decrease in house listings, while unit and land listings remained steady.
• Listings are down 4.6% from four weeks ago
• Listings are still 32.2% higher than the same time last year
🔹 Rental Market Update
There were 2,371 rental properties available in Perth at the end of last week—relatively unchanged week-on-week.
• Rental stock is 3.9% higher than four weeks ago
• Down 1.8% compared to this time last year
📍 Top Suburbs for Rentals
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Baldivis – 21 properties leased
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East Perth – 18
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Perth – 14
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Scarborough – 13
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Maylands – 12
REIWA members reported 680 properties leased, a 12.6% increase from the previous week and a 47.8% rise over the past month, showing stable leasing trends year-on-year.
📊 For those keeping an eye on the Perth property landscape, these latest figures reflect a market with active buyer interest and steady rental demand, especially in key suburbs like Baldivis, Perth, and East Perth.
Source: REIWA - Perth Weekly Market Snapshot (Week ending 25 May 2025)
Data and statistics credited to the Real Estate Institute of Western Australia (REIWA).
