Why Now is the Right Time to Sell in Perth’s Booming Property Market

Perth’s property market continues to perform strongly, with home values rising by 0.3% in February and an impressive 14.3% annual price growth. Despite a slight slowdown in the national market over the past few months, recent CoreLogic data confirms a rebound in home values, making this an opportune time for sellers in Perth.

Perth’s Market: A Standout Performer

While other Australian capital cities have experienced fluctuating property trends, Perth remains one of the strongest growth markets. The latest CoreLogic Home Value Index highlights that Perth has continued to see steady increases in property values, positioning it as a desirable location for both buyers and investors.

Key insights from February 2025 include:

• Perth home values rose by 0.3% for the month, showing ongoing resilience.
• Annual price growth in Perth reached 14.3%, outpacing most other capital cities.
• National home values rebounded by 0.3%, marking the end of a short-lived downturn.
• Rental prices have increased by 0.6% nationally, with Perth offering one of the highest gross rental yields at 6.4%, making it an attractive market for investors.
• Interest rate cuts are on the horizon, which could further strengthen buyer demand.

Why is Now the Right Time to Sell?

With low stock levels and strong buyer demand, sellers in Perth are in a prime position to capitalise on the current market conditions. Here’s why:

1. High Demand, Low Listings

The number of fresh listings coming onto the market is 4.7% lower than this time last year, meaning sellers face less competition when listing their properties. When stock levels are low, well-presented homes are attracting strong interest and competitive offers.

2. Buyer Confidence is Increasing

With interest rate cuts expected, more buyers are returning to the market, driving increased competition. Many buyers who held off in late 2024 are now re-entering with greater confidence, creating stronger demand for available properties.

3. Perth’s Affordability Advantage

Despite significant price growth, Perth remains one of the most affordable capital cities in Australia. This affordability factor continues to attract both local and interstate buyers, further fueling demand and strengthening property values.

4. Investment Opportunities Are Growing

Investors are also looking to Perth, given its strong rental yields and high potential for capital growth. With rental prices rising and demand remaining strong, Perth continues to be a key market for investors seeking long-term returns.

What This Means for Sellers

If you’re considering selling, now is an excellent time to achieve a premium price for your property. With low stock levels, strong buyer confidence, and Perth’s ongoing market growth, sellers can expect strong demand and favourable conditions when listing their homes.

Read the full report here.

Thinking of Selling? Let’s Talk

If you’ve been waiting for the right time to sell, now could be your best opportunity. With buyer interest increasing and fewer competing listings, your property could achieve a standout result in the current market.

Contact us today to discuss your selling options and arrange a market appraisal.