Find Finance & Mortgage Brokers in Perth

Find Clarity in the Perth Loan Market Perth is Western Australia’s capital and Australia’s fourth-largest city, positioned on the Swan River where it meets the Indian Ocean, renowned for its pristine beaches, outdoor lifestyle, and proximity to South East Asia. Perth’s property market delivered Australia’s strongest performance in 2024 with median house prices surging 24.2% from $600k in late 2023 to $745k by December 2024, and units increasing 21.7% to $500k, both setting record highs and exceeding previous 2014 peaks.

The exceptional growth continued into 2025 with May medians reaching $780k for houses and $535k for units, though the pace is moderating to more sustainable 5-10% forecast growth. Market fundamentals driving growth include Western Australia leading national job growth and population increase at 2.8%, resources sector recording eight consecutive years of employment growth, low unemployment supporting buyer capacity, and critically low housing supply with properties selling in median 13-15 days.

The housing stock includes modern suburban developments in growth corridors like Baldivis, Alkimos, and Ellenbrook, established suburbs near CBD like Mount Lawley and Subiaco, beachside properties in Scarborough and Cottesloe commanding premium prices, and growing apartment market particularly in CBD and inner areas. The rental market remains exceptionally tight with 1.9% vacancy rates, median house rents at $680/week and units at $650/week, providing strong rental yields of 4.65% median compared to Sydney’s 2.75%, creating compelling investor fundamentals with high cash-flow returns and fastest capital growth nationally.