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Perth Property Market · WA · 2026 Guide

Perth property.
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$720K
Median house price
10.0%
Forecast growth 2026
5.5%
Avg gross yield
75%
Clearance rate

Perth property market 2026

Perth is Australia's hottest property market in 2026, delivering 10% forecast capital growth with yields well above the national average. Driven by the mining and resources boom, strong interstate migration and a critical housing shortage, Perth offers a rare combination of capital growth and positive cash flow.

Key Perth suburbs to watch

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Perth property questions

What are the best suburbs to invest in Perth in 2026?
Perth's best investment suburbs in 2026 include Armadale and Rockingham for high yields (6–7%+ gross), Ellenbrook and Joondalup in the north for capital growth, and Fremantle for lifestyle-driven demand. Cash flow positive properties are achievable across much of the metropolitan area at current rents.
What is the median house price in Perth?
Perth's median house price is approximately $720K in 2026 — significantly more affordable than Sydney and Melbourne despite rapid price growth. This affordability, combined with strong rental demand, makes Perth the strongest investment market in Australia in 2026.
Is Perth property a good investment in 2026?
Perth is the strongest capital city property market in Australia in 2026. A combination of mining and resources-driven economy, population growth, housing undersupply and interstate migration has created exceptional conditions. Gross yields of 5–7% combined with 10%+ capital growth make Perth uniquely attractive for investors.

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