Perth's property price explosion fuels investor FOMO
With listings down nearly 30 per cent year-on-year and prices up almost 20 per cent, Perth’s extreme supply shortage is intensifying investor competition and inducing a fear of missing out.
With stock levels near decade lows and annual price growth approaching 20 per cent, Perth remains Australia’s tightest capital city market. (Image source: GagliardiPhotography/Shutterstock.com/API Magazine)
Perth is entering 2026 with a market dynamic that’s become rare in Australia: exceptionally low stock levels at the same time as prices keep pushing higher.
Buyers have very limited choice, and that shortage is one of the key reasons Perth has remained the country’s standout growth market.
Listings thin on the ground
The REA Group Listings Report shows Perth listings are materially tighter than a year ago:
- new listings in Perth were down 22…
