Perth, Australia

Property insights and suburb guides

Perth property finished 2025 near record medians driven by low listings, interstate migration, tight rentals and major projects (METRONET, Perth Airport). Read a practical guide to price levels, top suburbs by strategy, transport upgrades and buyer tips for 2026.

Perth median house prices finished 2025 in the low–mid A$800k range (REIWA ~A$805k late‑2025; other snapshots near A$840k).
Unit market reached record levels — commonly reported in the high A$500k–$600k band depending on suburb.
Rents strengthened in 2024–25 (houses ~A$700/week; units ~A$620–680/week); vacancy remained tight (~2% reported by REIWA in 2025).
Major drivers: tight supply (low listings), interstate migration, rental demand and big projects (METRONET, Perth Airport Master Plan 2026).
Top structural plays: METRONET corridor suburbs, northern coastal corridor (Alkimos/Butler), eastern growth estates (Ellenbrook/Brabham), inner‑ring value‑add pockets, and airport precinct suburbs.

Tips for Buyers

  • 1.Use suburb‑level sources (REIWA, Domain, PropTrack, Landgate) — performance varies widely by suburb and price band.
  • 2.Match suburb to strategy: capital growth (rail corridors, coastal nodes) vs yield/cashflow (carefully selected outer pockets).
  • 3.Check listings, days‑on‑market and settlement pipeline — low listings can tighten options.
  • 4.Review council planning and infrastructure timelines (METRONET, airport precinct, station upgrades).
  • 5.Consider a medium‑to‑long holding period; Perth currently favours investors with a multi‑year horizon given structural drivers and project timelines.
Property Snapshot

Common Property Types

  • • Detached houses (family homes, renovation/rebuild opportunities)
  • • Units/apartments (inner suburbs and coastal nodes)
  • • New house‑and‑land in growth estates
  • • Townhouses and infill redevelopment opportunities in inner‑ring suburbs

Who Lives Here

Strong interstate inflows and returning overseas arrivals in 2024–25; family growth in outer estates, young professionals in inner/peri‑inner suburbs, and workforce expansion near the airport and METRONET corridors.

Living Here

Transport

  • • Transperth rail network: Joondalup, Mandurah, Fremantle, Midland and Armadale lines
  • • METRONET projects including Midland station upgrade (opening/upgrades early 2026), Ellenbrook/Bullsbrook corridor planning and new stations such as Bellevue and Karnup in staged plans
  • • Major roads: Mitchell Freeway, Kwinana Freeway
  • • Perth Airport expansion: Perth Airport Master Plan 2026 with projected employment and precinct growth

Schools

  • • University of Western Australia (UWA)
  • • Curtin University
  • • Murdoch University
  • • Edith Cowan University (ECU)

Amenities

  • • Beaches: Cottesloe, Scarborough, northern coastline
  • • River recreation: Swan River foreshore and parklands
  • • Cafes and dining precincts: Mount Lawley, Leederville, Northbridge
  • • Cultural precinct: Fremantle port, markets and galleries
Investment Outlook

Structural drivers (tight supply, population inflows, METRONET and Perth Airport expansion) support medium‑to‑long term capital growth across many Perth suburbs in 2026. Forecasts vary — some local analysts expect continued strong growth while national forecasters predict more moderate gains. Monitor affordability, interest‑rate risk and new‑home supply timing.

Browse property insights across all suburbs

Explore Perth Suburbs

City Beach

Claremont

Cottesloe

Crawley

Daglish

East Perth

Floreat

Fremantle

Jolimont

Leederville

Mount Lawley

Nedlands

Northbridge

Scarborough

South Perth

Subiaco

Trigg

Victoria Park

Wembley

West Perth

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