Perth’s property market enters 2026 on a solid footing, supported by strong recent growth and forecasts of continued price rises, albeit at a slightly more measured pace than the boom seen in 2024 and 2025. PropTrack and realestate.com.au data show Perth recorded one of the fastest-growing capital city markets in Australia over the past year, with dwelling values up around 15.5% and median prices approaching strongly positive territory.
Looking ahead, market outlook reports predict further growth of around 7–10% in 2026, underpinned by population inflows, tight rental conditions, and ongoing undersupply of new housing stock. While this pace is softer than recent double-digit surges, it reflects a maturing cycle where affordability pressures and stable interest rates moderate extremes.
Core drivers for Perth remain intact: strong population growth, persistent low listings relative to demand, and limited new supply continue to support price floors. Tight rental markets are also bolstering investor interest and helping sustain overall activity.
On the demand side, more buyers, especially first-home buyers and upsizers, are participating thanks to schemes such as the 5% deposit Home Guarantee. At the same time, sellers remain cautious about listing amid stock shortages. As a result, specific segments of the market remain competitive and fast-moving, even if bespoke or non-core properties take longer to sell and settle.
Overall, Perth’s 2026 outlook suggests steady, sustainable growth rather than wild fluctuations, with solid fundamentals likely to underpin price appreciation and continued market interest through the year ahead.
In a market shaped by steady growth and limited new supply, the right guidance can make all the difference. Our Land4Sale team supports buyers and developers by offering transparent market insights and access to quality land opportunities, ensuring they’re well-positioned as Perth’s property market moves through 2026 and beyond.
