03/10/2026
Q3 2026 | Bunbury & South West property market update
What is actually happening across our local property market, and what does it mean for investors?
🏡 Bunbury median house price: $950,000
🏠 South West median house rent: $750 per week
⏱ Bunbury houses leasing in around 12 days
📉 Bunbury vacancy: 1.6%
📈 Our own leasing data: average rent achieved increased by around $35 per week over the past month
Compared with Q2, the sales market has softened, while rental demand has become more competitive.
Investor confidence has been affected by changes to Federal Government taxation policy, while higher borrowing costs are also making investors more cautious. REIWA reported investor lending in WA fell 5.1% in the June quarter following the taxation changes.
The Reserve Bank has also increased the cash rate to 4.60%, adding further pressure to borrowing costs.
At the same time, when current landlords sell, those properties can leave the rental pool. The tenants do not disappear, they simply have fewer properties to choose from.
With tight rental supply and continued tenant demand, quality properties are leasing quickly and rental prices are being pushed higher.
So what does this mean for investors?
There is more choice for buyers than we saw at the peak of the market, while rental demand remains strong. This creates an opportunity to assess properties where the purchase price, rental return and long-term potential stack up.
For existing investors, it is also a good time to review how your property is performing and whether your rental return is keeping pace with the market.
The right property, the right numbers and the right advice all matter.
The difference between getting it done and doing it well.
