Perth Real Estate Market Sees Largest Pool of Listings in Three Years
- Reports
- 5
- Developments
- 1
- Repetition
- 80%
New informationRepeats or wire copies
What happened
The Perth real estate market has seen the largest pool of homes for sale in over three years, according to Brian McAllister Properties. REIWA recorded 7,352 properties listed for sale across Perth in the week ending September 6, 2026, compared to 2,895 in September 2025. While prices remain near record levels, sellers are facing more competition for buyer attention, and homes are taking longer to sell than they did a year ago.
Why it matters
The increase in available housing supply and the lengthening of the sales cycle indicate shifts in market dynamics within Perth. The median house sale price in the Perth metro area was $960,000, and the median unit sale price was $690,000 for the year to August 2026.
Who's involved
- PerthThe location where the real estate market activity is taking place.
- South PerthA suburb within Perth that is a key area of residential property focus.
- City of South PerthThe local government area that performs administrative functions within South Perth.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- City of South PerthSpeculative
Market price increases could potentially boost the City of South Perth's revenue through the property tax base.
Keep exploring
The entities involved
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Perth
capital city of Western Australia, Australia
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South Perth
suburb of Perth, Western Australia
Nothing else this week.
Related events
- A property sale attracted interest across Australia, involving a hotel that served prospectors near the Franklin River.
- Sydney property market is leading a national downturn compared to Perth and Brisbane.
- Dunes Beach Resort, developed and funded by Eco Tourism Pty Ltd, is opening in Perth's northern suburbs under a long-term ground lease.
- South32, a company based in Australia, has announced it is headquartered in Perth, Australia.
- Lucrative defence contracts are underway near a shipyard in Perth, involving the Royal Australian Navy.