Perth’s housing market is heading into 2026 with a mix of confidence and caution. Demand is still outpacing supply, population growth remains strong and construction challenges continue to shape the pace of new housing. Experts say these forces could keep competition high, but they also point to subtle shifts emerging as more homes are built, interest rates stabilise and buyers adjust to new affordability pressures.

So, will 2026 bring more of the same, or the start of a market reset? This week’s lead story explores the key trends, forecasts and factors most likely to define the year ahead.

With homeownership becoming harder to reach for many Australians, new analysis suggests the country may be edging towards a long-term shift in how we live. Rising prices, limited supply and changing household structures are seeing more people renting for longer – not just in capital cities but across regional areas too. While the dream of owning remains strong, the data paints a picture of a market where renting could soon be the norm for a growing share of the population.
Click on the link below if you’re curious about what’s driving this trend and what it could mean for future buyers, investors and long-term renters.

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While Perth continues to deliver strong results, new data shows several regional WA markets have surged ahead in the September quarter. Buyer demand, limited stock and shifting lifestyle priorities have driven impressive growth outside the metro area – in some cases outpacing Perth’s quarterly gains. The latest REIWA analysis breaks down which regional centres are leading the charge and how their performance compares to the city.

If you’re planning a refresh at home next year, the trend forecasts are already pointing to a bold shift in how Australians use colour in 2026. Designers are predicting a shift away from safe neutrals towards richer, more expressive tones that add personality and warmth to Australian homes. From dramatic feature shades to unexpected accent colours, the palette for 2026 is all about creating spaces that feel confident, grounded and full of character. 

Sales activity in Perth during the week ending 30 November was down 4.1% with 937 transactions recorded. On closer inspection, house, unit and vacant land sales were all down, recording decreases of 3.0%, 25.5% and 10.5% respectively. 

Perth’s highest sale price:  Peppermint Grove – $16,200,000

Perth's lowest sale price: Kewdale – $560,000

Listings
There were 2,918 properties for sale in the metropolitan area for the week ending November 30, which is 1.7% higher than 4 weeks ago but 48.5% lower than the same time last year.

Top performing suburbs – sales

• Baldivis: 14
• Rivervale: 13
• Canning Vale, Dianella: 12
• Lakelands: 11

Top performing suburbs – rentals

• Perth: 27
• Baldivis: 17
• East Perth: 16
• Alkimos: 13
• Maylands: 12

Perth rental market
REIWA members reported 2,246 properties for rent at the end of last week, which is similar to the previous week, 8.7% higher than 4 weeks ago and 2.1% higher than the same time last year. Leasing activity increased 10.9% since last week, with REIWA members reporting 715 properties leased. This number is 2.0% higher than 4 weeks ago and relatively stable compared to a year ago. 

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11:00 - 11:45am – Apt 2, 232 Burke Drv, Attadale

If you would like to see any property we have for sale, just call Shelley on 0417963670 or Mark on 0411552309 and we will do our best to arrange a private appointment for you.