PERTH MARKET SNAP SHOT

 1. Dwelling Prices Up 0.64% in Two Weeks

That’s a strong fortnightly increase. At this trajectory, a $1 million median for houses is only a short step away. In my humble opinion villas and townhouses are already up into the million dollars in the Western Suburbs unless unrenovated.

2. Median House Price at $977,000

This aligns with the ongoing strength we’re seeing in inner- and Western-suburb markets where demand is outstripping supply. The shortage is so severe that people are trying to take properties off the market prior to them going into their full campaigns (not advisable)

3. Year-to-Date Growth Already 3.8% (well above early 2026 forecasts)

A 3.8% gain in the first part of the year suggests momentum well above average—Perth normally sees 4–6% annual growth in “healthy” years. Perth has been down in the doldrums for such a long time; the last 18 months have been playing catch-up and now we have a severe shortage of properties, which will keep driving them upwards.

4. Trend Suggests 12% Growth by Mid‑Year

If price acceleration continues, a double‑digit half‑year gain is possible—something usually only seen in boom cycles. Perth will continue to perform, I believe, just on the current demand that we have been experiencing. 

5. Key Driver: Extremely Tight Supply

 Listing volumes remain low while buyer demand is strong. A high sales-to-listings ratio confirms buyers outnumber available homes. This statement is extremely true right now and we dont see it changing anytime soon.

As I have been saying to people stop sitting on the fence and buy something to get onto the property ladder, you will be priced out. Unfortunately for some people that have waited too long and although their properties have gone up unfortunately the areas that they have been looking in have gone up a lot quicker.  BUY NOW !!

MAKE YOUR OWN DECISIONS AND GIVE IT A REAL GO!!

SELLING MOSMAN PARK & THE WESTERN SUBURBS!! 

KEEPING IT REAL IS OUR MOTTO!!