The Western Australian property market currently stands in a position of relative strength: strong recent growth, tight supply, supportive demographics and a resilient economy. For buyers and investors, this means the environment remains favourable — though the heady growth of the past years is unlikely to continue at the same pace.

Looking towards 2026, the outlook is cautiously optimistic: price growth is expected to continue, but at a more moderate rate (around 4–6% for houses, somewhat more for units in desirable locations). The smart play will be to focus on quality locations, housing types with strong demand (units, townhouses, suburban houses near amenities/infrastructure) and to factor in risk (affordability, economic exposure, suburb‑specific factors).

If you’re considering buying or investing in WA property now or over the next year, the key is to move early, choose well‑located stock, anticipate the longer‑term horizon, and avoid relying on extraordinary short‑term gains. While the market is still favourable, the era of double‑digit annual growth is likely winding down and selective discipline will matter.

Strong Up‑trend in Recent Years

The WA property market has been among Australia’s most dynamic — especially in and around Perth and selected regional centres. For example:

• In 2024 the median house price in Perth rose by 24.2% year‑on‑year, after a weaker base in previous years.
• Dwelling values in Perth jumped ~12% annually in recent quarters, while monthly growth hovered around 0.9%.
• Some regional WA markets recorded even stronger growth, on track for ~20% price gains in 2025 in certain hotspots.

Key Drivers

Several underlying fundamental factors support the momentum:

• Population growth: WA has been seeing strong inward migration and population increases, boosting housing demand.
• Tight supply: Housing supply remains constrained. For example, completions and land release have struggled to keep pace.
• Strong local economy: The resources sector, employment levels and economic stability in WA strengthen buyer and investor confidence.
• Relative affordability: Compared to Sydney or Melbourne, many parts of Perth still offered comparatively better value, attracting both local and interstate buyers.

Market Characteristics & Risks

• Vacancies in Perth’s rental market have risen from crisis lows (~0.4%) up to ~2.5% in some reports, indicating easing supply pressure but still tight relative to many markets.
• Sales volumes have softened slightly from peak activity; while listings remain low, time on market is increasing in some areas, signaling a gradual balance shift.
• Affordability is becoming a concern: high growth means home‑buyers are moving up price tiers, and some regions may be more exposed to risk. For example, dependency on resource industry, or bursts of rapid growth can pose downsides.

Outlook to 2026 and Beyond

Forecasted Price Growth

The consensus of recent forecasting research for WA / Perth is:

• Moderate growth for remainder of  2025: many analysts estimate 5–10% price growth in 2025, after the high‑growth years.
• For 2026: expectations are a slightly slower growth rate, possibly in the order of 4–6% for houses and maybe 5–8% for units in certain segments.
• Longer term (towards 2030), growth may pick up again as supply constraints, population momentum and infrastructure tailwinds combine.

What Will Drive the Market to 2026?

• Infrastructure & regional expansion: New infrastructure in Perth and regional WA will open up new suburbs and drive demand.
• Interstate migration continuing: If the flow of people into WA remains strong, demand will be sustained.
• Interest rates: Any downward movement in the national cash rate or relaxed lending conditions could boost buyer capacity and market activity.
• Unit market strength: With affordability constraints on houses, units (apartments/townhouses) are likely to be in demand and may outperform houses in some areas.

Risks & What to Watch

• Affordability fatigue: If interest rates rise again, or household incomes don’t keep pace, some buyer segments may be squeezed.
• Oversupply risk in certain segments or suburbs: While supply is constrained generally, some new‑build apartment precincts or over‑hyped suburbs could see softer outcomes.
• Economic exposure: WA is still more exposed to resource‑sector cycles than some other states; a downturn in global commodity prices or mining investment could impact local employment and demand.
• Policy changes: Stamp duty, land tax, foreign investment rules or state housing policy could change and impact the market.
• Regional divergence: Not all suburbs or regions will perform equally — some areas may lag, some may lead. Entry‑point risk is higher in modest‑growth pockets.

 Top 10 Suburbs – House Sale Price Growth (August 2025)

Rank	Suburb	Median House Price (Aug 2025)	Annual Growth	5-Year Growth	Median Selling Days (Jun–Aug 2025)
1	Bateman	$1,303,000	37.9%	72.5%	20
2	Ardross	$1,765,000	33.2%	95.2%	18
3	Madeley	$975,000	30.3%	74.1%	13
4	Trigg	$2,300,000	27.8%	93.3%	15
5	Woodvale	$1,120,000	25.4%	83.2%	9
6	Calista	$600,000	25.0%	131.2%	12
7	Silver Sands	$837,500	25.0%	99.4%	23
8	Woodlands	$1,750,000	25.0%	90.2%	17
9	Aubin Grove	$923,000	24.7%	79.6%	11
10	Midvale	$655,000	24.5%	116.5%	7

Key Insights:

• Top Annual Growth: Bateman leads with +37.9%.
• Biggest 5-Year Growth: Calista at +131.2%, followed by Midvale at +116.5%.
• Fastest Selling: Midvale (7 days), Woodvale (9 days) — indicating high buyer demand.
• High-End Markets: Trigg and Ardross sit at the top in terms of price ($2.3M and $1.76M respectively).
• Affordable Growth Options: Calista and Midvale offer lower entry points with very high long-term growth.

—————BOOK YOUR EXCLUSIVE 15 MINUTE ZOOM CONSULTATION————-

We offer a 15-minute no obligation consultation to existing property investors, first home buyers and small business owners who are looking at property investments, business and asset protection. To Book an Appointment simply click here and pick a time and date.

BOOK YOUR ZOOM APPOINTMENT HERE

How can we help?

If you have any questions or would like further information, please feel free to give our office on 08 9221 5522 or via email – info@camdenprofessionals.com.au  or arrange a time for a meeting so we can discuss your requirements in more detail.

---

General Advice Warning

The material on this page and on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained on this page and on this website is General Advice and does not take into account any person’s particular investment objectives, financial situation and particular needs.

Before making an investment decision based on this advice you should consider, with or without the assistance of a securities adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. In addition, the examples provided on this page and on this website are for illustrative purposes only.

Although every effort has been made to verify the accuracy of the information contained on this page and on this website, Camden Professionals, its officers, representatives, employees, and agents disclaim all liability [except for any liability which by law cannot be excluded), for any error, inaccuracy in, or omission from the information contained in this website or any loss or damage suffered by any person directly or indirectly through relying on this information.

Saving for a deposit can feel daunting—especially with surging property values and day-to-day expenses. But if you already own property, there’s another path: tapping into your home equity. In Western Australia, this strategy is particularly compelling in today’s booming market.

WA Property Market Highlights (2025)

• Perth leads the nation in growth: Metro house prices jumped by around 17.1% year-on-year, with many suburbs entering the million-dollar club
• Strong rental demand: Perth’s average runtime on the market dropped, while yields climbed to around 4.4%, with rents rising about 6.4% annually
• Regional WA is even hotter: Areas like Geraldton, Bunbury, and Broome are delivering over 20% annual capital growth in some cases
• Growth is expected to continue, with forecast gains of 5–10% in 2025, supported by limited supply, strong migration, and infrastructure investment

This performance makes WA—particularly Perth and its regional centres—an appealing landscape for investors using equity to expand.

What Is Equity—and How Can You Use It?

Equity is simply the difference between your property’s current market value and what you owe on it.

Example:

• Property valued at $800,000
• Loan balance is $480,000
• Total equity = $320,000
• Lenders typically let you borrow up to 80% of the value without paying LMI (that’s $640,000)
• Minus your loan, usable equity = $160,000

This usable equity can then be put toward a deposit on an investment property.

How Much Equity Do You Need for Another Property?

You’d typically need around 20% of the new property’s purchase price for a deposit, plus extra for stamp duty, legal fees, inspections, etc. For a $550,000 investment, that’s approximately $110,000, plus additional costs—which your usable equity might just cover.

Step-by-Step: Using Your Home Equity Wisely

Here’s how finance brokers typically walk clients through the process:

1. Confirm usable equity
   You’ll get a formal valuation through your lender to ensure accuracy.
2. Assess borrowing capacity
   Your finances—and potential rate hikes or rental fluctuations—are stress-tested to ensure repayments stay manageable.
3. Structure loans ‘tax-smart’
   Your home loan stays non-deductible while the investment loan remains potentially tax-deductible. Avoid cross-collateralisation where possible to keep flexibility.
4. Coordinate with your accountant
   This ensures your borrowing plan aligns with tax strategies and overall financial position.

WA Market-Specific Investor Tips

• Act with confidence: Stock is tight and demand in Perth and regions is high. Using equity now puts you ahead of the curve.
• Focus on yield hotspots: Regions like Bunbury and Geraldton are outperforming; rental returns and capital growth are attractive
• Mitigate risk through diversification: If Perth values plateau, strong regional areas may continue delivering solid returns.
• Proactive valuation: With rapid growth, getting an updated valuation ensures your equity calculation reflects true market value.
• Watch for election and rate shifts: Forecasted WA growth depends on stability—market sentiment may shift around policy changes

Risks and How to Mitigate Them

Building your portfolio through equity can be powerful—but deliberate:

• Over-leveraging can stretch your finances too thin. Keep buffers for rates, maintenance, and rental vacuums.
• Market shifts may cool growth—especially post-peak in some hotspots
• Interest rate changes can reduce borrowing capacity. Always project for future rate rises.
• Cross-collateral entanglement can complicate refinancing or selling later.

What If Equity Isn’t Yet Enough?

Here’s what you can still do:

• Accelerate equity: Make extra repayments or renovate to increase your property’s value.
• Restructure loans: Refinancing might improve serviceability and free more equity.
• Plan ahead: Build your position over 6–12 months to prepare for a strategic investment.

Conclusion

With Western Australia’s property market among the strongest in 2025—especially in Perth and key regional centres—using equity from your home isn’t just practical; it’s strategic. If managed carefully, this leverage can unlock significant investment returns, while also preparing you for long-term portfolio growth. Stay informed, act decisively, and lean on expert support to navigate the path ahead.

—————BOOK YOUR EXCLUSIVE 15 MINUTE ZOOM CONSULTATION————-

We offer a 15-minute no obligation consultation to existing property investors, first home buyers and small business owners who are looking at property investments, business and asset protection. To Book an Appointment simply click here and pick a time and date.

BOOK YOUR ZOOM APPOINTMENT HERE

How can we help?

If you have any questions or would like further information, please feel free to give our office on 08 9221 5522 or via email – info@camdenprofessionals.com.au  or arrange a time for a meeting so we can discuss your requirements in more detail.

---

General Advice Warning

The material on this page and on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained on this page and on this website is General Advice and does not take into account any person’s particular investment objectives, financial situation and particular needs.

Before making an investment decision based on this advice you should consider, with or without the assistance of a securities adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. In addition, the examples provided on this page and on this website are for illustrative purposes only.

Although every effort has been made to verify the accuracy of the information contained on this page and on this website, Camden Professionals, its officers, representatives, employees, and agents disclaim all liability [except for any liability which by law cannot be excluded), for any error, inaccuracy in, or omission from the information contained in this website or any loss or damage suffered by any person directly or indirectly through relying on this information.

Perth continues to lead the nation in property value growth as of August 2025. CoreLogic data shows dwelling values rose 0.9% in July, pushing quarterly growth to 2.6% and annual growth to 12.0%, representing the highest rate among Australia’s capital cities

• Median values:
  • Overall Perth dwelling: $736,264
  • Houses: $869,689 (median)
  • Units: $615,528 (median)
  • Units are seeing higher gross yields (~5.6%) compared to houses (~4.1%)

REIWA Forecast & Broader Projections

The Real Estate Institute of Western Australia (REIWA) forecasts property price growth of 5–10% in 2025, following a remarkable 24.2% increase in median house prices during 2024 (from $600,000 to $745,000) and a 21.4% jump in unit prices (to $500,000)

• REIWA’s latest quarterly insights reiterate the 10% growth potential this year, with unit markets potentially outpacing houses
• SQM Research predicts Perth dwelling prices may climb 14–19%, driven by the robust resources sector
• A consensus from top forecasters suggests an average growth of around 8% in 2025

National Context

In a broader national outlook, Reuters reports that home prices in Perth are expected to rise about 5% annually over the next three years, keeping it among the property growth leaders alongside Brisbane and Adelaide.

Key Drivers of Growth

• High rental demand & tight rental market: A viral video illustrating a queue of 92 applicants for a rental inspection in Osborne Park underscores acute rental market pressure, with Perth rents having surged 63% over the past decade
• Investor dominance & rate environment: Record lending to investors—$130 billion in the year to June 2025—alongside rate cuts, is fuelling buying activity and pricing, pushing some first-time buyers to delay purchase plans
• Immigration spike & limited supply: With nearly 246,000 arrivals in early 2025, rental vacancy rates have dropped to 1.2%, reinforcing demand and pushing investors back into the market.
• Persistent supply constraints: Perth continues to battle limited housing supply, with suburbs like Fremantle, Bayswater–Bassendean, Joondalup highlighted among 25 regions across Australia predicted to see over 10% capital growth, regardless of broader economic shifts.

Suburb-Level Outlook

While August projections by suburb are limited, several key areas are emerging:

• Bayswater–Bassendean & Fremantle: Identified among WA’s high-growth pockets due to tight supply and demand imbalance
• Joondalup: Similarly flagged as a growth hotspot within Greater Perth).
• Bertram (in the south metro area): Previously noted for strong early growth—with a median house price around $430,000, solid rental yields (~5.9%), and over 10% capital growth in preceding 12 months—this suburb remains one to watch for value and expansion potential

Perth Outlook – August 2025

A unique combination of factors has created ideal conditions for residential property investment in Perth—particularly for those eyeing the apartment market.

Western Australia’s capital is experiencing rapid population growth, record-low vacancy rates, and a marked slowdown in approvals for high-density housing. These pressures are converging to drive demand and tighten supply, especially in the apartment sector.

Historically, Perth has often been overlooked by investors from the eastern states, due to factors such as distance, limited national media coverage, and previous market fluctuations. However, that is changing. As property affordability continues to deteriorate in Sydney, Melbourne, and Brisbane, more investors are turning their attention west.

Perth now represents a compelling alternative—offering both value and strong rental performance. In fact, apartment yields are outpacing those for houses and units in the eastern capitals. According to the Real Estate Institute of Western Australia (REIWA), unit yields reached 6.2% in the year to March 2025, compared to just 4.5% for houses. Over the past five years, apartment rents have surged by 82.9%, underlining the strength of tenant demand.

These favourable conditions are just part of what makes Perth apartments an attractive proposition for investors, according to Ronald Chan, CEO of Finbar Group, Western Australia’s largest apartment developer. He notes that current market dynamics—particularly in the apartment sector—are creating long-term opportunities for those ready to enter the market.

Conclusion

As of August 2025, the Perth property market remains Australia’s strongest growth engine, underpinned by affordability, investor momentum, population growth, and supply shortages. REIWA expects 5–10% further growth this year, with some estimates hitting upward of 14–19%. Key suburbs—including Bayswater–Bassendean, Fremantle, Joondalup, and Bertram—remain areas to watch, providing both capital growth and rental yield opportunities.

For renters and first-home buyers, competition remains fierce amid rising rents and investor activity, suggesting sustained caution. Yet for investors, this environment offers robust returns and continued upside, particularly in high-demand suburbs with limited supply.

—————BOOK YOUR EXCLUSIVE 15 MINUTE ZOOM CONSULTATION————-

We offer a 15-minute no obligation consultation to existing property investors, first home buyers and small business owners who are looking at property investments, business and asset protection. To Book an Appointment simply click here and pick a time and date.

BOOK YOUR ZOOM APPOINTMENT HERE

How can we help?

If you have any questions or would like further information, please feel free to give our office on 08 9221 5522 or via email – info@camdenprofessionals.com.au  or arrange a time for a meeting so we can discuss your requirements in more detail.

---

General Advice Warning

The material on this page and on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained on this page and on this website is General Advice and does not take into account any person’s particular investment objectives, financial situation and particular needs.

Before making an investment decision based on this advice you should consider, with or without the assistance of a securities adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. In addition, the examples provided on this page and on this website are for illustrative purposes only.

Although every effort has been made to verify the accuracy of the information contained on this page and on this website, Camden Professionals, its officers, representatives, employees, and agents disclaim all liability [except for any liability which by law cannot be excluded), for any error, inaccuracy in, or omission from the information contained in this website or any loss or damage suffered by any person directly or indirectly through relying on this information.