Steam coming out of Perth's rental market
Perth's hot rental market is finally simmering and is expected to cool further into 2025, changing the landscape for property investors.
Perth's property market is still outperforming the rest of the country but rents are cooling and buyers need to be wary of the changing investment landscape. (Image source: Shutterstock.com)
Perth’s rental market is showing signs of changing after several years of strong growth and low stock availability.
The city is now seeing rents stabilise and the tight vacancy rate loosening.
The changing landscape has repercussions for investors, but an understanding of local conditions can ensure long-term investment success.
Perth’s median rent prices for houses have held steady at $650 per week since March 2024. The median weekly rent for…
