Ray White Coastal Market Report

Perth has emerged as the fastest-growing capital city for property price growth in 2025, a trend market forecasts predict will continue through 2026. Despite being one of the most isolated cities in the world, Perth’s property market has delivered extraordinary results. Home prices have nearly doubled in the past five years, rising 10% in the last quarter of 2025, pushing the median house price to $1,087,762. Looking ahead, analysts expect Perth to retain its top position in 2026, with projected price growth of 7–10%. This momentum is being fuelled by a significant supply-and-demand imbalance. New home construction continues to lag behind rapid population growth, many homeowners are reluctant to sell due to concerns about securing their next property, and current listing levels remain well below buyer demand. In today’s clear sellers’ market, one strategy worth considering is negotiating a longer settlement period. This can provide sellers with valuable time to secure their next home while still capitalising on the strength of current market conditions. For those considering selling, I’m always happy to have a confidential chat about how to best position your property and maximise results in Perth’s current high-performing market, whether that’s now or as part of future planning. MARKET TALK Ben -

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