Perth Property Market Rental Trends August 2025
If you own a rental property in Perth, staying on top of the ever-changing dynamics of the local rental market is essential.
Understanding these trends not only helps you make informed decisions about your rental business but also plays a crucial role in maximising your return on investment over time.
In our comprehensive August 2025 Perth rental market review, we’ll walk you through the key insights and emerging trends shaping the market right now. With this information, you’ll be better equipped to adjust your investment strategy, set competitive rental prices, and position your property for long-term growth and success.
Number of Perth Property Market Listings and Rentals
According to Reiwa, in August, the Perth property market witnessed strong demand for rentals, with 479 houses and 197 units rented out in just one week.
The current supply is 1,624 houses and 688 units, respectively. This brings available properties to a total of 2,312, demonstrating a good balance between supply and demand.
Median Prices in the Perth Rental Market
Keeping up with median rental price data is essential for property owners and investors who want to stay competitive in the market.
Reviewing the figures for the 12 months ending in August allows you to identify trends, assess performance, and adjust your pricing strategy to align with current market conditions.
When it comes to house rentals, the median prices for 2-bedroom, 3-bedroom, and 4-bedroom rentals were $592, $670, $730 per week, respectively.
As for unit rentals, 1-bedroom units were rented at $580 per week on average, while 2-bedroom units and 3-bedroom units were rented at $650 and $745 per week.
The top rental suburbs North of the River were Alkimos (18), Perth (16), Scarborough (15), and Mount Lawley (14).
As for South of the River, Baldivis (24) came in first, followed by Como (13), South Perth (12), and Gosnells (9).
Perth Rental Prices and Median Days
The rental prices and median days remain very stable with little increase. To illustrate, in August, the median weekly rental prices were $680 and $650 per week for houses and units, respectively, with 17 days to rent.
Back in May, the median house prices for houses and units were also $680 and $650 per week, respectively. The median days sat at 16. In other words, property values remained the same. The demand for rental properties did so as well.
In February 2025, the median weekly rent was $675 for houses and $640 for units per week, with 16 median days to rent.
Looking at the change in prices of about 1%, the property rental market in Perth has remained almost unchanged. This means that the Perth market is absorbing the added supply and overcoming the affordability ceiling by easing rental growth, thus maintaining a good supply and demand ratio.
Conclusion
To recap, the Perth property market remains steady, protecting demand by keeping price growth mild. The number of median days has remained mostly consistent for the past months, while the rental prices have barely increased.
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