Perth Home Buyers Get More Choice as Property Listings Rise Above 7,000

Perth home buyers are receiving an encouraging sign as the number of properties available for sale continues to increase. With more homes entering the market, buyers may have greater choice and more time to consider their options before making a purchase.

According to the latest REIWA data for the week ending 16 August 2026, there were 7,076 properties listed for sale across Perth. This included 4,844 houses, 1,618 units and 614 blocks of land. The total number of listings has increased significantly, rising from 6,509 just four weeks earlier and 3,167 at the same time last year.

This increase in available properties could provide some welcome relief for buyers who have experienced limited housing supply and strong competition in recent years.

More Choice for Perth Home Buyers

For much of the recent Perth property market cycle, buyers have faced a shortage of available homes. Low stock levels often meant properties attracted multiple interested buyers, creating pressure to make quick decisions and, in some cases, compete with other purchasers.

The increase in listings could gradually change that dynamic. With more properties available, buyers may have additional opportunities to compare locations, property types, prices and features before deciding where to purchase.

REIWA has described Perth’s market as moving towards more balanced conditions, with active listings remaining above 6,000 during July. Homes are also taking longer to sell in some parts of the market, giving buyers more opportunity to assess properties.

Recent reporting has also indicated that some Perth property prices are easing. This may give buyers greater confidence to shop around rather than feeling they need to make an immediate decision whenever a suitable property becomes available.

Does This Mean Perth Is Now a Buyer’s Market?

Not necessarily.

While the overall number of listings has increased, property conditions can vary considerably between suburbs and property types. Well-located homes that are correctly priced and offer desirable features can still attract strong buyer interest.

Buyers should therefore avoid assuming that every property will be available at a significant discount. Instead, the increase in supply should be viewed as an opportunity to conduct more research and make decisions based on affordability and long-term goals.

Get Your Home Loan Ready Before You Buy

For anyone considering buying a first home, upgrading to a larger property or purchasing an investment property, understanding your borrowing capacity is an important first step.

Obtaining loan pre-approval can help you understand how much you may be able to borrow and give you greater confidence when looking at properties. It can also help you establish a realistic purchase budget before attending inspections or making an offer.

Comparing lenders is equally important. Different lenders can have different interest rates, borrowing policies, fees, loan features and assessment criteria. The loan with the lowest advertised interest rate may not always be the most suitable option for your individual circumstances.

Take Advantage of Greater Market Choice

The increase in Perth property listings gives buyers more opportunities to compare properties and potentially negotiate with sellers. However, preparation remains essential.

Before making an offer, buyers should understand their borrowing capacity, consider their deposit and additional purchasing costs, and compare suitable home loan options.

At Naga Mortgage Brokers, we can help Perth home buyers understand their home loan options and compare suitable lenders based on their individual circumstances. Whether you are purchasing your first home, upgrading, refinancing or investing, getting the right loan structure can be an important part of your property journey.

With Perth property listings now above 7,000, buyers may have more choice than they have had in recent years. Taking the time to prepare your finances and compare your lending options can help you approach the market with greater confidence.

General information only. Lending criteria, fees, charges and individual circumstances apply.