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perth rental market

Perth Rental Market: Growth stabilising, pressure remains

Rental growth has begun to moderate, but conditions remain tight. Rents rose 5.2% nationally in 2025, with Perth still characterised by low vacancy and strong tenant competition.

What we are seeing locally:

  • Rent growth is stabilising
  • Well-located, well-presented properties continue to lease quickly
  • Tenants are becoming more deliberate, researching affordability and longer-term certainty

For renters weighing up their next move, and investors assessing returns, strategy matters more than ever – from location selection to lease structuring and timing.

 

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