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Perth property boom to power through 2026 before sharp slowdown looms

Strong price growth and tight supply are set to drive Perth’s housing market higher this year, but rising rates and affordability pressures could stall momentum in 2027.

Aerial view of Perth suburb Como and the adjacent Swan River.
Como, just south of the Perth CBD, has been identified as a potential target for first home buyers looking for good value units. (Image source: Ian Geraint Jones/Shutterstock)

Perth’s property juggernaut looks set to continue delivering strong capital growth this year but 2027 could paint a very different picture.

Perth is predicted to deliver the strongest gains through to the end of the year, according to ANZ’s latest economic report, with dwelling prices forecast to jump 12.3 per cent.

Applied to houses, Canstar analysis shows Perth’s current median price would rise by $51,569 to $1.11 million.

But for property o…

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