Rentals Rockingham

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31/08/2026

📊 PERTH PROPERTY MARKET UPDATE – MORE CHOICE FOR BUYERS AS RENTAL SUPPLY TIGHTENS

Perth recorded 625 property sales last week, up slightly by 0.8% on the previous week.

Looking at the individual sectors:

🏡 House sales fell 5.0%
🏢 Unit sales fell 5.9%
🌱 Land sales surged 138.5%

Perhaps the biggest story, however, continues to be the rapid increase in properties available for sale.

There were 7,312 properties for sale across Perth at the end of last week, up another 1.5% for the week.

Even more significantly, listings are now:

📈 7.8% higher than four weeks ago
📈 145.3% higher than this time last year

That means Perth buyers now have almost two-and-a-half times the number of properties to choose from compared with 12 months ago.

This is a significant change. Buyers have more choice and can afford to be increasingly selective, while sellers are facing greater competition when bringing their property to market.

🏠 RENTAL MARKET REMAINS TIGHT

The rental market is moving in the opposite direction.

There were 2,047 properties available for rent, down 1.7% for the week and 8.3% lower than a year ago.

Meanwhile, 664 properties were leased, up 1.7% on the previous week and 2.8% higher than four weeks ago.

What does this mean?

👉 Buyers: More stock means greater choice and potentially more negotiating power. The pressure to make an immediate decision may be starting to ease.

👉 Sellers: With significantly more properties competing for buyers, correct pricing, presentation and marketing are becoming critical. The strategy that worked 12 months ago may not necessarily work today.

👉 Investors: Rental availability continues to tighten, supporting strong tenant demand for well-located and appropriately priced properties.

We are increasingly seeing two different Perth property markets – a sales market moving towards greater balance and a rental market where supply remains constrained.

As conditions continue to change, understanding what is happening in your individual suburb and property type is far more important than relying on Perth-wide averages alone.

If you're considering buying, selling or investing, feel free to get in touch for a discussion about what these changing market conditions could mean for you.

18/08/2026

📊 **PERTH PROPERTY MARKET UPDATE – MORE CHOICE FOR BUYERS, BUT RENTAL SUPPLY TIGHTENS**

Perth's property market recorded a quieter week, with **605 sales transactions**, down **20.4%** on the previous week.

The breakdown shows:

🏡 **House sales** down **16.0%**
🏢 **Unit sales** down **6.6%**
🌱 **Land sales** down a significant **80.0%**

At the same time, the number of properties available for sale continues to climb.

There were **7,076 properties for sale** across Perth at the end of last week, up **3.3%** in just one week. More significantly, listings are now **123.4% higher than they were a year ago**.

That's more than **double the number of properties available to buyers compared with 12 months ago**.

This is an important change in the Perth market. Buyers now have considerably more choice and, as competition between sellers increases, **correct pricing, presentation and marketing are becoming more important than ever**.

🏠 **RENTAL MARKET TELLS A DIFFERENT STORY**

While properties for sale are increasing, rental availability moved in the opposite direction.

There were just **2,116 properties available for rent**, down **6.7%** for the week and **8.5% lower than a year ago**.

Meanwhile, leasing activity was particularly strong, with **742 properties leased** during the week – up an impressive **47.8%** on the previous week and **10.7% higher than this time last year**.

**So, what does this mean?**

👉 **Buyers:** Increasing stock means greater choice and potentially more negotiating power. Taking the time to compare properties is becoming possible again.

👉 **Sellers:** With more than twice as many properties for sale as a year ago, buyers can afford to be more selective. Getting the price and marketing strategy right from day one is increasingly important.

👉 **Investors:** The rental market remains tight. Falling rental availability combined with strong leasing activity continues to support demand for well-located investment properties.

Perth appears to be developing into **two quite different markets** – a sales market where supply is increasing rapidly and a rental market where available stock remains tight.

The headline numbers are important, but individual suburbs can perform very differently. Understanding what's happening in your **local market** is becoming increasingly important when deciding whether to buy, sell or invest.

11/08/2026

Perth's property market recorded another solid week, with 773 sales transactions, up 3.8% on the previous week.

🏡 House sales increased 5.4%
🏢 Unit sales fell 19.7%
🌱 Land sales jumped an impressive 66.7%

One of the most significant changes we're seeing is the amount of property now available to buyers.

There were 6,852 properties for sale across Perth at the end of the week – up 1% from the previous week and 111.5% higher than this time last year.

That's more than double the stock available 12 months ago.

While this doesn't necessarily mean prices are falling, it does mean the market is changing. Buyers have considerably more choice, and sellers can no longer assume that simply putting a property on the market will guarantee a quick result.

🏠 What about rentals?

Rental listings increased 4.8% during the week to 2,268 properties, although available rentals remain 1.1% below this time last year.

Interestingly, only 502 properties were leased during the week – down 22.8% from the previous week and 27.8% lower than a year ago.

So, what does all this tell us?

👉 Buyers: More stock means more choice and potentially greater negotiating power. There is less pressure to buy the first suitable property that comes along.

👉 Sellers: With more than twice as many properties competing for buyers compared with a year ago, correct pricing, presentation and marketing are becoming increasingly important.

👉 Investors: Rental supply remains relatively tight compared with the sales market, which should continue to support demand for well-located, correctly priced rental properties.

Perth is clearly moving towards a more balanced property market. Strong sales activity shows buyers are still there, but the dramatic increase in properties for sale means the days of extremely limited choice are changing.

For anyone considering buying, selling or investing, understanding what's happening in your local suburb rather than relying solely on the Perth-wide figures is becoming increasingly important

28/07/2026

📈 Perth Property Market Update – Buyer Activity Improves as Listings Reach New Highs

Perth's property market bounced back last week, with 658 sales transactions recorded by REIWA – a 4.6% increase on the previous week.

Here's how the market performed:
🏡 House sales increased 12.4%
🏢 Unit sales jumped 25.8%, highlighting continued demand for more affordable housing options.
🌱 Land sales fell 54.1%, following the strong activity seen in previous weeks.

One of the biggest stories continues to be the growth in available properties. There are now 6,777 properties for sale across Perth – up 4.1% on the previous week, 10.8% higher than four weeks ago and an incredible 100.9% higher than this time last year.

This growing supply is giving buyers more choice and creating a more balanced marketplace, while sellers need to ensure their properties stand out through quality presentation and realistic pricing.

🏠 Rental Market Update

Rental listings remained steady at 2,231 properties, virtually unchanged from the previous week. However, available rentals are still 7% lower than a year ago, showing that Perth's rental market remains undersupplied.

A total of 554 properties were leased during the week, down 11.2% from the previous week. While leasing numbers have eased, the ongoing shortage of rental properties continues to support strong demand from tenants.

What does this mean?

✅ For buyers: More properties on the market mean greater choice and improved opportunities to negotiate.

✅ For sellers: Buyers have more options than they did 12 months ago, making strategic pricing and professional marketing more important than ever.

✅ For investors: Rental supply remains tight, providing confidence that well-located investment properties should continue to attract quality tenants.

The Perth market is continuing its transition towards a more balanced environment. While stock levels are rising, demand remains healthy, particularly for well-presented homes in desirable locations.

21/07/2026

📊 Perth Property Market Update – Listings Continue to Grow While Rental Supply Tightens

Perth's property market experienced a quieter week, with 632 sales transactions reported by REIWA, representing a 7.9% decrease on the previous week.

Here's a closer look at the numbers:
🏡 House sales were down 11.9%
🏢 Unit sales eased 26.2%
🌱 Land sales bucked the trend, surging 84.9%, showing continued confidence in Perth's growth corridors.

One trend that continues to stand out is the increase in properties available for sale. There are now 6,509 properties on the market, up 2.8% on the previous week, 10.3% higher than four weeks ago, and an impressive 90.4% higher than this time last year.

For buyers, this means more choice than we've seen in quite some time. For sellers, it reinforces the importance of presenting your property well and pricing it correctly to stand out in a more competitive market.

🏠 Rental Market Snapshot

Rental listings tightened again last week, falling to 2,230 properties, down 4.1% from the previous week and 9.3% lower than a year ago.

Leasing activity also softened, with 624 properties leased during the week. While fewer properties were leased, the ongoing decline in rental stock suggests tenant demand continues to outweigh supply in many areas.

What does this mean?

✅ Buyers are benefiting from increasing stock levels and improved choice.

✅ Sellers can still achieve excellent results, but strategic pricing, quality presentation and effective marketing are becoming more important as competition increases.

✅ Investors continue to enjoy favourable conditions, with limited rental supply supporting strong rental demand and solid long-term investment fundamentals.

Overall, Perth is moving towards a more balanced sales market, while the rental market remains undersupplied. It’s an environment that creates opportunities for buyers, sellers and investors alike—provided they have the right advice.

14/07/2026

📈 **Perth Property Market Update – More Choice for Buyers, Rental Demand Remains Strong**

Perth's property market eased slightly last week, with **689 properties sold**, down **3.1%** on the previous week.

Here's how the market performed:
🏡 House sales decreased **4.6%**
🏢 Unit sales increased **7.9%**, continuing to show strong buyer demand.
🌱 Land sales fell **17.2%** after recent strong activity.

The number of properties available for sale continues to grow, with **6,333 properties on the market** at the end of the week. That's **2.4% higher** than the previous week, **10.5% higher** than four weeks ago, and a significant **78.6% higher than this time last year**.

While buyers are enjoying greater choice, well-priced homes in desirable locations are still attracting solid interest.

🏠 **Rental Market Update**

Rental listings remained steady at **2,326 properties**, virtually unchanged from recent weeks, but still **6.7% lower than a year ago**, highlighting that rental supply remains tight.

Leasing activity improved, with **671 properties leased** during the week—an increase of **7.7%** on the previous week. This is another sign that tenant demand continues to be strong across Perth.

**What does this mean?**

✅ **For buyers:** More listings mean more choice and a little more time to make informed decisions.

✅ **For sellers:** Competition is increasing, so presentation, pricing and a strong marketing strategy are becoming even more important.

✅ **For investors:** Tight rental supply and healthy leasing activity continue to support attractive rental returns, making Perth an appealing investment market.

The Perth property market is continuing its transition towards a more balanced environment. Although listings are increasing, demand remains healthy and quality properties continue to perform well.

Thinking of buying, selling or investing? Now is a great time to understand what these changing market conditions mean for your property. Feel free to get in touch for an obligation-free chat.

06/07/2026

Perth's property market recorded another positive week, with 719 sales transactions, representing a 12.5% increase on the previous week according to REIWA.

Breaking the figures down:
• House sales increased 5.5%
• Unit sales rose 15%
• Land sales recorded the strongest growth, increasing 109.7%

At the same time, the number of properties available for sale continues to rise. Perth finished the week with 6,184 properties listed for sale, an increase of 1.1% over the previous week and 68.3% higher than the same time last year. While this gives buyers more choice, stock levels remain well below long-term historical averages.

The rental market also remains resilient. There were 2,315 rental properties available, up 2.8% for the week, although listings remain 6.7% lower than a year ago. Leasing activity totalled 623 properties, down 16.6% from the previous week but still reflecting the ongoing demand for quality rental accommodation.

Key market observations:

• Buyers are benefiting from an increasing selection of available properties, creating a more balanced marketplace.
• Sellers continue to achieve strong results when properties are priced correctly and presented to a high standard.
• Investors remain well positioned, with tight rental supply continuing to underpin attractive rental returns.

The Perth property market appears to be transitioning from an environment of extremely limited supply to one that offers greater balance. Increased stock is providing buyers with more options, but demand remains solid and well-located properties continue to perform strongly.

Understanding local market conditions has never been more important. Whether you're buying, selling or investing, informed decisions are the key to achieving the best outcome.

What trends are you seeing in your local market? I'd be interested to hear your thoughts.

30/06/2026

📈 Perth Property Market Update – Another Interesting Week!

The Perth property market continues to show resilience, with 647 sales recorded last week, up 1.9% on the previous week.

🏡 Sales Snapshot
• House sales remained steady.
• Unit sales jumped 12.4%, showing continued demand for more affordable housing options.
• Land sales eased by 15.8%.

📋 More Choice for Buyers
The number of properties available for sale has risen to 6,114, up 3.6% over the past week. More importantly, stock levels are now 54% higher than this time last year, giving buyers greater choice and creating a more balanced market than we've seen for some time.

🏠 Rental Market Remains Tight
Rental listings fell again to 2,252 properties, down 2.1% on the previous week and 6.3% lower than a year ago. Despite the increase in homes for sale, quality rental properties remain in short supply.

🔑 Leasing Activity Strengthens
REIWA members reported 747 properties leased last week, an impressive 14.4% increase on the previous week and 20.9% higher than four weeks ago. This confirms that tenant demand across Perth remains strong.

💭 My Take
We're seeing Perth transition towards a more balanced sales market as listings continue to increase, giving buyers more opportunities and slightly reducing the urgency we've experienced over the past couple of years. However, the rental market continues to favour landlords, with low vacancy levels and strong leasing activity underpinning rental demand.

23/06/2026

📊 **PERTH PROPERTY MARKET UPDATE** 🏡

The Perth property market remained relatively stable last week, with REIWA members reporting **645 sales transactions**, down just **2.1%** on the previous week.

A closer look at the figures shows:

🏠 House sales were down 5.6%
🏢 Unit sales increased 6.1%
🌱 Land sales rose 25.8%

While overall sales activity softened slightly, buyer interest in units and land remained strong.

📈 **Listings Continue to Climb**

There were **5,901 properties for sale** across Perth at the end of last week, representing a **2.9% increase** on the previous week.

This increase was driven by:

✔️ House listings up 2.8%
✔️ Unit listings up 2.6%
✔️ Vacant land listings up 4.7%

Compared to:

📅 Four weeks ago – listings are up 16%
📅 One year ago – listings are up an impressive 47.6%

The continued rise in available stock means buyers now have significantly more choice than they did this time last year.

🏘️ **Rental Market Update**

There were **2,301 properties available for rent** across Perth last week, down **1.3%** from the previous week.

Rental stock is now:

🔹 1.2% lower than four weeks ago
🔹 6.2% lower than one year ago

The reduction in rental listings suggests demand for quality rental properties remains strong.

🔑 **Leasing Activity**

REIWA members reported **656 properties leased** last week:

▪️ Similar to the previous week
▪️ Up 1.9% compared to four weeks ago
▪️ Down 6% compared to a year ago

💬 Perth's property market continues to show resilience. While sales volumes have eased slightly, the increase in available stock is helping to create a more balanced market. At the same time, rental supply remains tight, supporting strong demand for well-presented investment properties.

For sellers, buyers, landlords and investors, understanding local market conditions is becoming increasingly important as the market evolves.

Thinking about your next property move? Now is a great time to review your options and understand how these changing market conditions may impact your property's value and opportunities.

15/06/2026

📊 **PERTH PROPERTY MARKET UPDATE** 🏡

The Perth property market recorded a positive week, with REIWA members reporting **669 sales transactions**, an increase of **7.4%** on the previous week.

Looking deeper into the figures:

🏠 House sales surged **24.6%**
🏢 Unit sales declined **12.1%**
🌱 Land sales fell **56.9%**

The strong rise in house sales highlights continued buyer demand for established homes, despite increasing stock levels across the market.

📈 **More Choice for Buyers**

There were **5,733 properties for sale** across Perth at the end of last week, up **2.9%** from the previous week.

This increase was driven by:

✔️ House listings up 2.4%
✔️ Unit listings up 2.8%
✔️ Vacant land listings up 7.3%

Compared to:

📅 Four weeks ago – listings are up 19.2%
📅 One year ago – listings are up an impressive 40.8%

The continued growth in available stock is providing buyers with far more choice than we've seen in recent years and is helping create a more balanced market.

🏘️ **Rental Market Update**

There were **2,331 properties available for rent** across Perth last week, a slight decrease of **1.1%** compared to the previous week.

Rental listings are:

🔹 1.2% higher than four weeks ago
🔹 3.9% lower than a year ago

🔑 **Leasing Activity Strengthens**

REIWA members reported **661 properties leased** last week:

▪️ Up 18.7% on the previous week
▪️ Up 7.7% compared to four weeks ago
▪️ Up 1.5% compared to a year ago

💬 While the number of properties available for sale continues to climb, buyer and tenant demand remains resilient. The sharp increase in house sales and leasing activity demonstrates that well-presented and correctly priced properties are still attracting strong interest.

For sellers and landlords, understanding current market conditions and pricing strategies has never been more important.

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