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Perth house prices expected to increase 10 per cent in 2022

Western Australia’s strong property market conditions are expected to continue, with REIWA’s 2022 outlook estimating Perth house prices will rise a further 10 per cent next year.

Damian Collins at the REIWA office
Damian Collins says investor finance levels in WA have increased in WA during 2021. Photo: REIWA (Image source: Shutterstock.com)

Western Australia’s strong property market conditions are expected to continue, with REIWA’s 2022 outlook estimating Perth house prices will rise a further 10 per cent next year.

REIWA President Damian Collins said the WA property market was firmly in recovery, with the Institute forecasting Perth house prices to increase by 10 per cent in 2022, following approximately 14 per cent price growth in 2021.

“Despite the strong price growth recorded …

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