Perth Property Market Forecast 2026: What Buyers, Sellers & Investors Can Expect

As we move toward 2026, the Perth property market continues to stand out as one of Australia’s strongest and most resilient performers.

After several years of sustained growth, limited housing supply and strong population demand, many homeowners and buyers are asking the same question: what’s next for Perth real estate in 2026?

Here’s a clear, grounded outlook on where the market is heading and what it could mean if you’re planning to buy, sell or invest in the next 12–24 months.

A Snapshot of the Perth Property Market Right Now

Perth has entered 2026 with solid momentum. We’ve seen:

• Continued price growth across many suburbs, particularly coastal and family-friendly areas
• Tight rental vacancy rates, keeping pressure on rents
• Ongoing population growth, driven by interstate migration and overseas arrivals
• A shortage of quality housing stock, especially established homes in desirable locations

While growth may not be as rapid as the peak years, the fundamentals supporting the Perth market remain strong.

Perth Property Price Forecast for 2026

Looking ahead to 2026, most indicators point to steady, sustainable growth rather than sharp spikes.

Key expectations include:

• Moderate price growth continuing across well-located suburbs
• Strong demand for family homes, coastal properties and lifestyle locations
• Increased buyer competition for homes that are well-presented and realistically priced

Rather than a boom-and-bust cycle, Perth is expected to move through a more balanced growth phase, which is healthy for both buyers and sellers.

What’s Driving the Perth Market in 2026?

Several factors are shaping Perth’s property outlook:

Population Growth

Western Australia continues to attract new residents thanks to employment opportunities, lifestyle appeal and relative affordability compared to eastern states.

Housing Supply Constraints

New housing construction has struggled to keep pace with demand, meaning established homes remain highly sought after.

Interest Rates & Buyer Confidence

While interest rates may fluctuate, Perth buyers have shown resilience, particularly owner-occupiers focused on long-term value rather than short-term market shifts.

Lifestyle-Driven Buying

Coastal living, outdoor space, home offices and proximity to schools and amenities continue to influence buyer decisions.

What This Means for Sellers in 2026

If you’re considering selling in 2026, conditions remain favourable – especially if your property is positioned well in the market.

Sellers can expect:

• Continued buyer demand for quality homes
• Strong interest in properties with outdoor living, pools or coastal proximity
• Better results when homes are priced strategically and professionally presented

In many Perth suburbs, auction and competitive sales strategies are still delivering excellent outcomes.

What Buyers Should Know About 2026

For buyers, 2026 presents opportunity – but preparation is key.

Buyers can be best prepared when they are able to:

• Be ready to act quickly on well-priced homes
• Focus on long-term livability and location
• Seek local market advice to avoid overpaying in competitive pockets

While competition remains, Perth still offers better value than many other capital cities, particularly for families and lifestyle buyers.

Is 2026 a Good Year to Invest in Perth?

For investors, Perth continues to offer compelling fundamentals:

• Strong rental demand
• Low vacancy rates
• Rental growth supporting yields
• Long-term capital growth potential

Suburbs with good infrastructure, schools, transport links and lifestyle appeal are expected to remain solid investment choices into 2026 and beyond.

Local Knowledge Matters More Than Ever

While market forecasts provide a big-picture view, every suburb, and every property, performs differently.

Local factors such as street appeal, presentation, timing and buyer demographics can make a significant difference to outcomes.

If you’re thinking about buying, selling or investing in 2026, speaking with a local Perth property expert can help you make confident, informed decisions.

Thinking About Your Next Move?

Whether you’re planning ahead for 2026 or simply want to understand what your property could be worth in the current market, our team is here to help.