Perth Market Trends & Supply Outlook 2026
February Listings at Historic Lows
1,724 properties for sale across Perth
Down 15% month-on-month
Below long-term average supply levels
Supply remains well below balanced-market levels, increasing competition across Perth.
Rental Demand at Record Highs
Inspection queues exceeding 90 groups in some suburbs
Vacancy rates remain critically low
Strong upward pressure on rents
Low vacancy conditions continue to drive rental growth across both metro and outer-growth corridors.