Perth Property Market 2026: More Listings Give Buyers More Choice
Perth’s property market is showing signs of becoming more balanced, giving home buyers greater choice and more time to make informed purchasing decisions.
According to the latest REIWA data, 7,204 properties were listed for sale across Perth for the week ending 23 August 2026. This represents a 129.1% increase compared with the same period last year and a 6.3% increase compared with four weeks earlier.
For buyers who experienced Perth’s highly competitive property market throughout 2025 and early 2026, the increase in available properties represents a significant change in market conditions.
More Properties Mean More Choice for Perth Buyers
The increase in listings does not necessarily mean there has been a sudden rush of homeowners looking to sell.
According to REIWA, new listings have moved closer to their longer-term average, while properties are taking longer to sell. Together, these factors have resulted in more properties remaining on the market at any given time.
For buyers, this can create a more comfortable purchasing environment.
Instead of having to make a quick decision because of limited stock and intense competition, buyers may now have more opportunities to:
- Compare multiple properties
- Attend more inspections
- Research different suburbs
- Review property prices
- Organise finance before making an offer
- Negotiate with greater confidence
- Take more time before committing to a purchase
Perth Properties Are Taking Longer to Sell
One of the key changes in the Perth market is the amount of time properties are spending on the market.
REIWA data shows that houses took a median of 23 days to sell during July 2026, compared with just 13 days in July 2025.
The longer selling period suggests buyers may have more time to assess their options rather than feeling pressured to make an immediate offer.
However, this does not mean buyers should assume every property will remain available indefinitely. Well-priced homes in desirable locations can still attract strong interest, so buyers should remain prepared when they find a property that suits their needs.
More Choice Does Not Mean Property Values Have Collapsed
While Perth buyers are seeing more properties available for sale, the increase in listings has not resulted in a significant collapse in property values.
REIWA’s latest market data shows that Perth’s median house sale price was approximately $950,000 for the 12 months ending July 2026.
This highlights an important point for buyers: a more balanced market does not necessarily mean substantially lower property prices.
Instead, the current conditions may provide buyers with a better opportunity to approach the purchasing process carefully and strategically.
Why Buyers Should Arrange Finance Early
With more properties available, buyers may have additional time to understand their borrowing position before making an offer.
Getting your finance assessed early can help you determine:
- How much you may be able to borrow
- What property price range is realistic for you
- How much deposit you may need
- What your potential repayments could look like
- Which home-loan options may be suitable
- Whether you are financially prepared to make an offer
Having your finance organised can also help you act quickly when the right property becomes available.
A Better Time to Compare Your Home Loan Options
A changing property market can also be a good opportunity to review your home-loan options.
Rather than focusing only on the purchase price of a property, buyers should consider the overall cost of borrowing, including interest rates, loan features, fees and repayment requirements.
Working with a mortgage broker can help buyers compare suitable loan options based on their individual financial circumstances.
What Perth Buyers Should Do Next
For prospective home buyers, the current Perth market provides an opportunity to take a more considered approach.
Rather than rushing into a purchase because of limited stock, buyers can focus on finding the right property at a price that fits their financial position.
A sensible approach is to:
- Determine your borrowing capacity
- Get your finance assessed early
- Set a realistic property budget
- Research suburbs and comparable properties
- Compare available homes
- Understand potential loan repayments
- Be prepared to make an offer when the right property comes along
Get Your Home Loan Ready Before You Buy
Perth’s increase in property listings is giving buyers more choice and potentially more time to make informed decisions. However, being financially prepared remains essential.
Naga Mortgage Brokers can help Perth buyers understand their borrowing capacity, compare suitable home-loan options and prepare their finance before making their next property move.
If you are considering buying a home in Perth, getting your finance organised early can help you approach the market with greater confidence and a clearer understanding of your budget.
Naga Mortgage Brokers can help compare suitable lending options and assess whether your existing mortgage still suits your circumstances.
General information only. Lending criteria, fees, charges and individual circumstances apply.
