Perth’s tight stock and surging transactions are keeping buyer and renter demand strong, underpinning a busy start to 2026 for mortgage brokers.
Sales transactions in Perth jumped 204.3% week-on-week, with REIWA members reporting 429 deals for the week ending 11 January. House sales rose 154.7%, unit sales climbed 261.5%, and land sales surged 622.2% compared to the previous week.
Top-performing suburbs for sales were Mandurah (11), Mosman Park (9), Como (8), West Perth (7) and Brabham (6). Perth’s highest reported sale price was in Leeming at $1,570,000, while the lowest was in Orelia at $490,000.
There were 2,083 properties for sale in Perth at the end of the week, an 11.9% increase on the previous week. This was driven by a 14.9% rise in house listings, an 11.5% lift in unit listings, and a 1.6% increase in vacant land listings.
Despite the weekly gain, overall stock remains extremely tight. The total number of properties for sale was 20.3% lower than four weeks ago and 54.1% lower than at the same time a year earlier.
Perth’s rental listings rose to 2,178 properties, up 24.1% on the week prior. However, rental supply is still constrained, sitting 1% lower than four weeks ago and 4.9% below levels a year ago.
The busiest rental suburbs were Baldivis (15 properties leased), Eglinton (10), East Perth (9), Como (8) and Rivervale (8). Overall, 503 properties were leased during the week, up 98.8% on the previous week but 25.8% lower than four weeks ago and 14.3% lower than a year ago.
Get the hottest and freshest mortgage news delivered right into your inbox. Subscribe now to our FREE daily newsletter.
