17/02/2026
📊 Perth Property Market Update – Weekly Snapshot
Here’s the latest from REIWA 👇
🏡 Sales Activity
• 764 properties sold last week – down 2.4% on the previous week
• House sales down 7.9%
• Unit sales steady
• Land sales up a strong 40.3%
While overall sales eased slightly, the surge in land sales suggests continued confidence in building and future growth.
📈 Properties for Sale
• 2,710 properties on the market – up 7.2% week-on-week
• House listings up 9.6%
• Unit listings up 10.8%
• Vacant land listings down 10.9%
Stock levels are now 11.7% higher than four weeks ago, yet still 46.1% lower than this time last year — meaning supply remains well below historic levels.
🏠 Rental Market
• 1,936 properties available for rent, down 3.5% from the previous week
• Rental listings are 13.2% lower than four weeks ago and 5.8% lower year-on-year
🔑 Leasing Activity
• 737 properties leased last week
• Down 3.4% week-on-week
• Down 2.3% compared to four weeks ago
• Up 1.2% compared to a year ago
👉 The takeaway?
More properties are coming to market, but rental supply continues to tighten. Buyers and investors are still active, especially in the land sector.
