Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Perth’s median house prices expected to reach $1 million by end-2025 due to high demand and low supply.

flag Perth’s housing market is projected to see median house prices hit $1 million by end-2025 due to strong demand and limited supply, particularly for units. flag House rents remain at a record $700 per week, with forecasts of $731 by 2026, while unit rents are expected to reach $631 despite a 3.2% quarterly dip to $600—the first decline since 2017. flag A 0.5% vacancy rate, among Australia’s lowest, reflects ongoing housing shortages driven by rapid population growth since 2022. flag Rental pressures persist, especially in Perth, Hobart, and Darwin, though a cautious Reserve Bank and rising supply may ease conditions by late 2026.

24 Articles

Further Reading