Why Perth's Property Market Remains Resilient in Uncertain Times

While much of the national conversation has centred on rising inflation, global instability, and economic uncertainty, Perth’s property market is telling a different story. Across the city, many suburbs are recording steady and sometimes even double-digit price growth, underpinned by a combination of low stock levels, population growth, and strong buyer demand. In contrast to markets over east, Perth still offers relative affordability, which is proving especially appealing for investors looking to balance risk with solid returns.

The rental market is one of the strongest in the country, with vacancy rates sitting near record lows. Yields in Perth are comfortably outpacing those in Sydney and Melbourne, which is drawing attention from savvy investors both locally and interstate. With fewer properties available to rent and strong competition among tenants, the rental market is expected to remain tight—further supporting investor confidence in the broader market.

Despite the positive outlook, there are still challenges. Construction costs remain high and skilled trades are in short supply, which continues to slow down the delivery of new housing. But rather than dampening the market, these supply-side constraints are adding value to established homes, helping to maintain upward pressure on prices.

Looking ahead, many analysts expect Perth to be one of the better-performing markets in the country throughout 2025. Forecasts are pointing to growth of up to 10% over the year, and with migration continuing to rise and rental demand remaining strong, Perth is well-positioned to deliver stable, sustainable gains—regardless of what’s happening on the national stage.

If you'd like to talk about how this will affect your property plans, don't hesitate to contact the team at Bellcourt on 08 6141 7848