Perth Property Market Shows Increased Activity

Perth’s property market showed renewed strength in the week ending 1 November 2026, with REIWA reporting 713 sales transactions, up 4.5% from the previous week.

One of the most notable movements was in land sales, which jumped 62.3% over the week. House sales were broadly steady, while the sharp rise in land activity suggests continued buyer interest in new-home and development opportunities.

The result came despite a significant increase in available stock. Perth had 9,217 properties listed for sale at the end of the week, 2.7% higher than the week before and more than three times the level recorded a year earlier.

For buyers and investors, the Perth figures are a reminder that national property trends can sometimes hide very different conditions at a local level. A softer Australian market does not necessarily mean every capital city, suburb or property type will behave the same way.

For Melbourne’s western growth corridor, the same principle applies. Local factors such as land supply, infrastructure, population growth, new-home construction and affordability can influence market performance independently of broader national averages.

Investors should therefore look beyond headline national figures and assess suburb-level sales activity, rental demand, development pipelines and available stock before making decisions.

Overall, Perth’s recent sales increase highlights the importance of regional data. In Melbourne’s west, understanding what is happening locally may provide a clearer picture of opportunity than relying on national market movements alone.