Perth market snapshot in September 2025
According to the latest REIWA data, houses in Perth sold in a median of eight days in September 2025, two days faster than August and three days faster than a year ago.
Perth units are also selling fast, reaching a low of nine days in September 2025, the same as August 2025 but two days faster than a year ago.
REIWA President Suzanne Brown said lower than usual September active listings*, continuing strong demand, and sellers reluctant to list until they secure a new home, are all contributing to short supply in the market.
“If you are wanting to secure a new home in Greater Perth in the present market, whether a house or a unit, it is important you have the ability to make a quick decision,” she said.
“That means consistently looking, potentially widening your search criteria to include other suburb options, and having your finances organised.
“Of our 10 fastest selling suburbs, five are priced below the median house sale price, and another three are priced just above. These suburbs are selling in four or five days.
“Buyers need to be ready to act when they find a property they like. This means having your finances in order and gaining pre-approval so you can make a confident offer.
“This is the kind of market where working with a REIWA buyer’s agent could be especially helpful.
“A REIWA buyer’s agent can help find properties, contact agents on your behalf, flag any issues, and may be able to help you identify properties coming to market before the listing is official.”
According to www.reiwa.com data, the fastest selling suburbs for houses in September 2025 were Girrawheen (four days); Langford, Kewdale, Quinns Rocks, Huntingdale, Cooloongup and Bassendean (five days); and Parkwood, Nollamara and Maylands (six days).
Sale price
Fast selling times and low listings have also seen median sale prices continue to rise.
Houses in Greater Perth recorded a median sale price of $810,000, up 1.3 per cent on the $800,000 reported in August, and 13.3 per cent higher than September 2024.
The median unit sale price rose over the month, increasing 1.4 per cent to $560,000. This was 17.9 per cent higher year-on-year.
The suburbs that saw the most house price growth in September were Mount Pleasant (up 4.2 per cent to $1,980,000), Nedlands (up 3.1 per cent to $2,432,500), Como (up 2.6 per cent to $1,550,000), Duncraig (up 2.1 per cent to $1,307,500), and Kingsley (up 2 per cent to $1,019,999).
Stirling, Spearwood, Balcatta, Inglewood and Ellenbrook were also among the top performers, recording growth of 1.3 per cent or more over the month.
High demand for homes is expected to continue with more first home buyers entering the market following the expansion of the Federal Government’s Home Guarantee Scheme.
“We see October being an active month in the market, with the arrival of sunny weekends, and changes to the first home buyer guarantee coming into play,” Ms Brown said.
“It’s too soon to say if this going to be a typical Spring. New listings are rising a little, but we are not yet seeing a big uplift in the number of homes offered for sale.”
Listings for sale
Active listings* for sale settled at 2,801 at the end of September. This was 6 per cent lower than August and 29.2 per cent lower than a year ago.
Perth rental market
September’s reiwa.com data showed no change in the median dwelling rent price over the month.
The median dwelling rent remained at $680 per week compared with August, but was 4.6 per cent higher than a year ago.
The median weekly rent for houses declined to $695, a 0.7 per cent decrease over the month but 6.9 per cent higher than September 2024.
The median weekly rent for units rose to $663, a 1.9 per cent increase over the month and 10.4 per cent higher than September 2024.
According to www.reiwa.com, the suburbs that saw the most growth in their median weekly dwelling rent price in September were Claremont (up 6.2 per cent to $850), Rivervale (up 4.3 per cent to $730), South Perth (up 4.3 per cent to $730), Forrestfield (up 3 per cent to $690), and Dianella (up 2.9 per cent to $700).
Listings for rent
There were 2,093 properties available for rent on www.reiwa.com at the end of September.
This was 6.3 per cent lower than August, but 2.8 per cent higher than the same time last year.
“The decrease in rental listings from August to September is in line with a tightening in rental conditions we tend to see at the end of each year,” Ms Brown said.
Median leasing times
Homes leased in a median of 16 days during September, no change from August or 12 months ago.
According to www.reiwa.com data the suburbs recording the fastest median leasing times were East Victoria Park (10 days); Joondanna, Yanchep and Osborne Park (11 days); and Nollamara, Joondalup, Innaloo, Hamilton Hill, Dianella and Bassendean (12 days).
* Active listings – the number of properties advertised on www.reiwa.com at any given time. New listings – new properties listed for sale.
Source: https://reiwa.com.au/news/sale-times-hit-record-pace-as-spring-listings-remain-low/
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