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Why Perth’s investment market is hitting new heights in 2025
Why Perth’s investment market is hitting new heights in 2025 27 June 2025 Matthew Hughes Perth has been romping forward in terms of price growth and rents, but in an economy traditionally seen as boom or bust, is investing in its real estate a wobbly option? Many argue it’s not. “Previously, we relied on the mining industry but while it’s still a massive part of our GDP, we now have a lot of other industries as well,” says Peter Gavalas, a Perth buyer’s agent with Resolve Property Solutions. “Health has taken off to be a very big growth area, while agriculture and our fishing industry are growing too. “The Perth economy is a lot more stable than it used to be, and the continuing shortage of stock and population increases are keeping prices up and yields high.” The raw figures bear out the startling story of Perth’s power punch. House prices have risen 14.1 per cent over the last 12 months, according to Domain data, to a median of $917,706. Unit prices have also jumped 19.1 per cent to $508,367. Meanwhile, house rents are up 6.2 per cent on the year to $650 a week, and unit rents 9.1 per cent to $550. Real Estate Industry of Western Australia president Suzanne Brown has a property m
Perth has been romping forward in terms of price growth and rents, but in an… Read Article