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Perth’s median house prices expected to reach $1 million by end-2025 due to high demand and low supply.
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.
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.
A 0.5% vacancy rate, among Australia’s lowest, reflects ongoing housing shortages driven by rapid population growth since 2022.
Rental pressures persist, especially in Perth, Hobart, and Darwin, though a cautious Reserve Bank and rising supply may ease conditions by late 2026.
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Se espera que los precios medios de la vivienda de Perth alcancen el millón de dólares para fines de 2025 debido a la alta demanda y la baja oferta.