Strong Growth Expected for Perth in 2026

Perth’s property market is expected to remain strong throughout 2026, with forecasts pointing to continued price growth across many areas, and some suburbs likely to see solid gains.

Ongoing housing shortages remain one of the biggest drivers. Construction has struggled to keep pace with demand, meaning new supply is limited. At the same time, steady population growth in Western Australia is adding further pressure, as more people look for homes across Perth.

Buyer activity also remains high, with well-presented properties continuing to attract strong interest and, in many cases, selling quickly. This level of competition is helping to support prices across both established homes and newer developments.

Units and apartments are also gaining momentum. As house prices rise, more buyers are turning to these options as a more affordable way to enter the market, which is already contributing to price growth in that segment.

While rising interest rates may slow the pace slightly, Perth is still expected to outperform most other Australian cities, supported by strong demand, limited supply, and ongoing confidence in the local market.