24/08/2026
Perth property growth is slowing – but the bigger picture remains strong. 🏡
Cotality's August Housing Chart Pack shows a clear cooling in Australia's housing market, with national dwelling values falling 1.9% over the three months to July.
Here in WA, however, the longer-term numbers continue to stand out:
🏠 Perth dwelling values: +20.5% over 12 months
📍 Regional WA dwelling values: +19.8%
🔑 Perth rental growth: +8.1% over 12 months
🌿 Regional WA rental growth: +8.2%
Perth values edged up 0.1% in July and remain just 0.4% below their May record high. At the same time, more properties are coming onto the market, with total Perth listings up 36.4% compared with a year ago giving buyers greater choice as conditions begin to rebalance.
It's a changing market, but WA continues to enter this next phase from a position of considerable strength.
Read the latest property market update:
https://www.waigroup.com.au/post/august-2026-housing-market-update-perth-holds-strong-despite-a-cooling-national-market
Source: Cotality Monthly Housing Chart Pack – August 2026