Western Australia continues to stand out as one of the strongest-performing property markets in the country, supported by solid price growth, rising rents and strong buyer demand.
Both metro and regional areas are seeing sustained interest, as buyers weigh affordability, lifestyle appeal and long-term fundamentals.
Whether you're buying your first place, upgrading, or investing, this guide walks you through the latest data and key considerations to help you move forward with confidence in WA.
Quick summary
Western Australia recorded annual price growth of 7.97%, placing it among the stronger-performing state markets.
Median house prices in WA sit at $824,059, offering relative affordability compared to the eastern capitals.
Median rent is $680 per week, with rents rising 4.62% over the past year.
WA is the fastest-moving market nationally, with homes selling in a median of 14 days.
Action tip: Use Aussie’s tools to understand your borrowing power and be ready to act in a fast-moving market.
Source: Cotality
WA property market at a glance (latest data)
Metric | Western Australia |
Median house price | $824,059 |
Median rent | $680 per week |
Annual price growth | 7.97% |
Annual rent growth | 4.62% |
Median days on market | 14 days |
Total properties sold (12 months) | 51,363 |
Source: Cotality
WA property market overview
Western Australia has continued to perform strongly, with solid price and rental growth and a fast pace of sales reflecting sustained buyer demand.
5 key trends shaping the WA market:
Annual price growth remains above the national average.
Rents have continued to rise, reflecting ongoing demand in both metro and regional areas.
Properties are selling quickly, with the shortest median days on market nationally.
Sales volumes remain high, pointing to broad-based buyer activity.
Buyers are balancing affordability, lifestyle and employment opportunities when choosing where to buy.
Source: Cotality
Supply vs. buyer demand
Buyer demand across WA remains strong, with homes selling in a median of 14 days, highlighting how competitive conditions can be when well-priced properties come to market.
Metro vs. regional: Where's the growth?
Market | Price profile | Lifestyle appeal |
Western Australia (overall) | $824,059 median house price | Affordability, lifestyle appeal, strong employment hubs |
Source: Cotality
Perth's market is being driven by tight stock and affordability relative to other capitals, while regional towns are offering strong yields and price growth potential.
Tip: An Aussie Buyer’s Agent can help you secure properties before competition heats up.
Top 10 high-growth suburbs in WA to watch
Suburb | 6-month growth | 1-year growth |
|---|---|---|
13.0% | 41.9% | |
12.2% | 47.9% | |
11.8% | 33.4% | |
11.2% | 39.8% | |
11.1% | 31.6% | |
17.9% | 50.0% | |
17.2% | 39.8% | |
16.5% | 38.5% | |
15.1% | 29.4% | |
14.5% | 35.1% |
Source: Cotality
Suburbs such as Balga and Whitby have historically attracted interest due to their relative affordability and buyer demand.
Top WA suburbs for property investors
Based on historical data, suburbs that have shown relatively higher rental yields include:
Suburb | Rental yield | Rental growth |
|---|---|---|
4.9% | 6.0% | |
5.5% | 4.9% | |
4.9% | 4.8% | |
4.6% | 8.7% | |
4.1% | 5.4% |
Source: Cotality
Rental conditions have supported investor interest, particularly in areas with consistent tenant demand.
Tip: Use Aussie’s tools to stay on top of rent trends, property values and equity.
Home loan & financing considerations
In a fast-moving market like WA, understanding your borrowing power early can help you act with confidence. Use Aussie’s Borrowing Power Calculator to model your budget or talk to a broker to assess what you could comfortably afford.
First-Home Buyer Support includes:
WA First Home Owner Grant for new builds
Shared equity options with government partners
Refinancing and equity opportunities
If you already own in WA, you might be sitting on serious equity. Refinancing now could help fund renovations, another property purchase, or better loan terms. Speak to a broker to find out what’s possible.
Your next steps
Western Australia continues to stand out for strong market activity, rising rents and a fast pace of sales.
Aussie can help you:
Compare thousands of home loans from 25+ lenders**
Track equity, rent trends and suburb growth
Get matched with a broker or buyer’s agent who knows the WA market
Make your move while momentum is strong.
