Perth Property Market Rental Trends October 2025
Managing a rental property in Perth demands a thorough understanding of the local rental market to ensure sound decision-making and maximise investment returns. With the property market constantly evolving, staying informed about current trends, tenant demand, and pricing dynamics is essential.
Our October 2025 market review presents the key trends and insights shaping the rental landscape, providing you with the knowledge needed to make confident, well-informed decisions for your rental business.
Number of Perth Property Market Listings and Rentals
According to Reiwa, in the week ending on the 26th of October, the Perth property market saw strong rental demand, with 459 houses and 205 units leased.
The current supply of houses and units stands at 1,583 and 595, respectively, bringing the total supply of properties to 2,178. The comparison between properties rented and those available indicates a balanced relationship between supply and demand.
Median Prices in the Perth Rental Market
Monitoring median prices in the Perth rental market allows you to review and adjust your rates in line with current trends. The following data covers the 12 months ending October 2025.
For house rentals, the median weekly rates are $595 for 2-bedroom houses, $680 for 3-bedroom houses, and $750 for 4-bedroom houses.
As for unit rentals, median weekly rents are $562 for 1-bedroom units, $660 for 2-bedroom units, and $750 for 3-bedroom units.
The top rental suburbs, North of the river, were East Perth (14), Alkimos (13), and Perth (12).
South of the river, the leading suburbs were Baldivis (24), Como (15), and Rivervale (11).
Perth Rental Prices and Median Days
Rental prices and median days on the market have remained relatively stable, reflecting slow but consistent growth in recent months.
As of early November, the median weekly rental price reached $700 for houses and $650 for units per week, with properties typically renting within 16 days. Back in August, median rents were $680 for houses and $650 per week for units, with vacant properties spending around 17 days on the market.
Looking back to May 2025, median weekly rents were $680 for houses and $650 for units, with a median of 16 days to rent.
This slight 0%-2.9% price increase reflects the steady nature of Perth’s rental market. Overall, the gradual rise suggests a well-balanced market, where affordability and supply remain aligned, new listings are absorbed through measured rental growth, and the supply-demand ratio continues to be healthy, as has been the case this quarter.
Conclusion
In summary, Perth’s property market remains stable, supported by steady demand and modest rental growth. Median days on market have remained consistent in recent months, and rental prices have experienced only slight increases, reflecting a balanced and resilient market.
This stability makes it an ideal time to review your property’s performance and ensure you are maximising your returns.
Get a free, customised rental appraisal from HERE Property’s local experts to see where your property stands in today’s market.market.
