Policy Moves for a Balanced Perth Housing Market: Insights from REIWA’s 2026–27 Submission

by | Mar 13, 2026 | 0 comments

Balanced Perth Housing Market

Perth’s property market is at a crucial turning point, with high demand, swiftly rising prices, and a restricted supply converging to transform the real estate scene. The most recent recommendations from the Real Estate Institute of WA (REIWA), detailed in its 2026–27 pre-budget submission, call for immediate, targeted policy changes to keep the market sustainable and open to buyers, tenants, and investors alike.

  • Perth has shifted from being one of the country’s most affordable capitals to a city facing significant growth pressures.
  • REIWA’s market outlook indicates that by December 2025, Perth’s median house price had climbed to roughly $850,000—an annual jump of 13.3%—while the median price for units increased by 20% to about $600,000 over the same timeframe.

Ongoing supply shortages and robust population growth have pushed prices upward. In the year to June, WA’s population grew by 2.2%, which further intensified demand for homes throughout Greater Perth.

perth area population growth rate

Rising property values benefit owners and investors but create challenges for first-home buyers and tenants seeking affordable options. As a result, Perth’s housing market faces a critical tipping point:

  • Policy makers must find ways to boost new housing supply, while also protecting affordability and market stability.
  • REIWA’s 2026–27 submission outlines a range of important recommendations to address these issues.
  • These include changes to stamp duty thresholds for first-home buyers, expanding social housing initiatives, backing off-the-plan developments, and streamlining the processing of rental bonds.

The intention behind these measures is to promote what the industry calls a “balanced housing market.” In property terms, this means supply and demand are roughly matched, avoiding sharp price swings and encouraging consistent growth.

perth price growth by type
perth median prices by type

The key takeaway is that REIWA’s 2026–27 policy recommendations are crucial for maintaining balance in Perth’s evolving property market. By understanding these changes and related market factors, buyers, sellers, and investors can better navigate the shifting landscape and make confident, informed decisions. For agencies such as Bargoti Real Estate, understanding these policy shifts is essential, as they affect not only affordability but also investor sentiment, development trends, rental returns, and the long-term health of the property sector.

demand drivers in perth

Perth’s Housing Market Today: Demand Outpacing Supply

1. Before delving into REIWA’s proposed policies, it is important to examine the current factors influencing Perth’s housing market. In the past three years, Perth has seen one of the swiftest recoveries in property values across Australia’s capitals. After a subdued market in the late 2010s, property prices began climbing quickly after 2022, driven by a growing population, economic growth, and a housing shortage.

2. Recent figures show that the median house price in Perth was about $860,000 in the year to January 2026, underscoring the notable rise in property values. Building on these trends:

  • REIWA statistics show the median house price rose from $750,000 in 2024 to $850,000 by late 2025, an annual growth of over 13%.
  • Apartments and units have surged even more. With affordability issues steering buyers away from standalone houses, the median price for a unit rose 20% in 2025, reaching nearly $600,000.
perth house trend

Together, these developments point to a range of factors fueling this swift market growth.

3. WA has attracted many new residents thanks to jobs in the mining, infrastructure, and construction industries. Perth’s population has been growing by 2.2% each year, putting extra pressure on housing demand. A main issue in Perth’s market is too few houses for sale. New home construction peaked in late 2024 but fell in 2025, reducing the number of available properties. Established homes for sale stayed below average, increasing buyer competition.

4. The rental sector also reflects the housing shortage. In early 2026, just 2,060 rentals were available in Perth — very low for a city this size. Median house rent hit around $700 per week, straining tenants. Demand, limited supply, and population growth keep prices rising. Buyers now face tougher competition and steeper prices to enter the market, while tenants have fewer choices and must cope with higher rents.

5. For property investors and real estate firms such as Bargoti Real Estate, these trends present both opportunities and risks:

  • Higher demand may increase property values and rental yields
  • Persistent shortages could squeeze investor margins
  • Complicate portfolio growth, and create long-term instability.

This makes REIWA’s call for forward-thinking policy changes crucial to help rebalance Perth’s housing sector.

perth rental market early 2026

Why REIWA Is Calling for Policy Reform in 2026–27

1. REIWA’s 2026–27 pre-budget submission is grounded in a core principle: a steady housing market benefits all, including first-home buyers, tenants, investors, developers, and the wider WA economy. REIWA President Suzanne Brown explains that the organisation aims to work in partnership with government decision-makers to ensure housing policies are in step with the realities of today’s market. The institute has outlined various structural issues currently impacting Perth’s housing sector.

2. The jump in property prices has made home ownership harder, with only 7.6% of Perth homes selling under $500,000. This limits financial stability for many. Meanwhile, rental shortages and growing demand are making affordable rentals scarcer. If action is not taken to boost housing supply through policy changes, the rental sector is likely to stay under strain. While demand for homes is still high, new builds are not being completed quickly enough.

3. Shortages of construction workers, higher costs for building materials, and delays in planning approvals have all slowed down the delivery of new housing. REIWA argues that housing policy must be linked to up-to-date market data so that government initiatives remain useful. For example, stamp duty concessions for first-home buyers have failed to keep pace with surging property values, leaving fewer people eligible for support.

4. By tying policy thresholds to real market trends, decision-makers can ensure that housing support measures remain meaningful as prices shift. For real estate agencies like Bargoti Real Estate, these policy debates are of great importance. The effectiveness of housing policies directly impacts buyer behaviour, investment activity, and the stability of the entire market. As a result, REIWA’s policy proposals provide a valuable framework for tackling Perth’s housing issues in the years ahead.

perth home sales by price

Stamp Duty Reform: Making Home Ownership More Accessible

1. REIWA’s 2026–27 submission calls to update stamp duty thresholds for first-home buyers. Stamp duty remains a major upfront cost in WA. Though first-home buyers receive certain government exemptions and discounts, these are now out of step with current property values. Properties up to $500,000 are exempt, but as prices have climbed, fewer buyers qualify.

2. According to REIWA’s statistics, just 7.6% of homes sold in Greater Perth are priced beneath this benchmark, drastically reducing the pool of buyers who can take advantage of the scheme. To overcome this challenge, REIWA suggests that stamp duty thresholds be set in line with real-time market figures. Their recommendation includes:

  • Tying the lower exemption threshold for stamp duty to the lower quartile of house prices.
  • Matching the upper concession limit to the median property price in the market.

This flexible approach would mean that stamp duty rules would automatically shift in response to changes in property values, whether prices rise or steady.

3. Should these changes go ahead, they could make home ownership much more achievable for first-home buyers by reducing initial costs, allowing more people to purchase their own property, and potentially easing demand in the rental market. More broadly, encouraging more people to buy homes could boost property sales and keep the market active.

4. For real estate agencies such as Bargoti Real Estate, this type of reform would likely lead to more buyers and greater market activity. Therefore, it is vital that stakeholders and policymakers support stamp duty reform to maximise benefits for buyers and the wider property market, making it a particularly influential recommendation in REIWA’s submission.

REIWA proposed stamp duty threshholds vs current

Expanding Social Housing: Addressing the Rental Crisis

1. REIWA has also emphasised the importance of boosting social housing supply across WA. The organisation suggests that the state government should pledge to provide 1,000 additional or upgraded social housing homes annually. This approach is intended to support those struggling with housing costs and to ease the strain on the private rental sector.

2. Social housing is vital to maintaining stable housing markets, as it provides affordable housing for people on low incomes. If there is not enough social housing available, these individuals are forced to compete in the private rental market, which drives up demand and raises rents. Increasing the social housing stock helps create a fairer housing system by reducing demand for private rentals. This may result in:

  • Lower rental inflation
  • Improved housing stability for vulnerable residents
  • Reduced homelessness risk
projected benefits of social housing

3. There is ongoing government funding for social housing projects. For example, WA has recently allocated $434.5 million to expand housing options and assist tenants, including funding for affordable housing initiatives. These commitments reflect the increasing understanding that access to affordable housing is both an economic and social priority. Stakeholders should work collaboratively to ensure both landlords and tenants benefit—landlords from steadier rental returns and tenants from slower rent increases and better access to suitable housing.

WA social housing funding

Increasing Housing Density: A Strategic Move for Perth’s Growing Population

1. A key strategy to address Perth’s housing shortage is boosting residential density. Historically, Perth has been recognised for its suburban way of life, marked by spacious plots, standalone houses, and low-density neighbourhoods. Although this has shaped the city’s character for decades, maintaining it is proving unsustainable as the population grows rapidly and the need for more homes intensifies.

2. WA planning officials forecast Perth’s population will surpass 3 million by 2040, rising from about 2.2 million in 2024. To prevent future housing shortages, a substantial increase in housing stock will be necessary. Urban planning experts predict the city will need more than 500,000 extra homes by 2040 to meet this demand.

perth housing

3. Yet, further outward expansion through urban sprawl is now seen as inefficient. Extending infrastructure—including roads, schools, utilities, and public transport—to far-flung suburbs is both costly and environmentally unsustainable. As a result, policymakers and organisations such as REIWA are now supporting increased housing density within existing urban zones. Typically, higher-density development involves:

  • Apartments and multi-unit residential complexes
  • Townhouses and duplex housing
  • Mixed-use developments combining residential and commercial spaces

Such developments ensure more residents live closer to workplaces, public transport, and vital amenities.

median house prices

4. According to REIWA’s policy submission, promoting higher-density projects can boost housing availability significantly without the need to extend Perth’s urban fringe. Making use of underutilised land in established suburbs allows for thousands of new homes to be created while still relying on the city’s current infrastructure. For example, suburbs adjacent to train routes and major employment centres—such as those around Perth CBD, Joondalup, and Cockburn Central—are well-suited to medium- and high-density housing.

5. Increasing density in these locations also helps enhance housing affordability. Flats and townhouses are generally more affordable than detached homes, offering appealing options for first-home buyers and young professionals entering the property market. From an investment standpoint, properties in these areas tend to attract strong rental demand due to their proximity to jobs, universities, and entertainment districts.

6. As Perth steadily adopts higher-density living, both buyer preferences and investment approaches are likely to shift. Real estate professionals who direct clients to up-and-coming high-density growth areas may be better positioned to help investors capitalise on long-term opportunities. Ultimately, the move to higher density living signals more than just a shift in policy—it marks a significant change in the way Perth is set to develop as a contemporary Australian city.

perth population

Off-the-Plan Development Incentives and Their Role in Housing Supply

1. A further major suggestion in REIWA’s 2026–27 submission is to enhance incentives for buying properties off-the-plan. Such incentives aim to boost new housing construction by motivating buyers to commit to properties before they are completed. Off-the-plan sales are especially vital for apartment projects, which significantly expand housing availability in sought-after locations.

2. When buyers secure properties off-the-plan, developers benefit from greater financial security, making it easier to obtain funding for building works. In the absence of enough pre-sales, many apartment developments find it difficult to access finance, which can result in construction delays or even project cancellations. Promoting more off-the-plan sales enables policymakers to accelerate construction and deliver additional housing stock to the market more quickly.

3. The WA government has already introduced measures to assist buyers of off-the-plan properties. For example, the Off-the-Plan Duty Rebate Scheme has provided eligible buyers with stamp duty concessions when acquiring apartments or townhouses before construction. Nonetheless, REIWA has suggested that such incentives should be prolonged or broadened to boost involvement. These off-the-plan incentives deliver a number of benefits for purchasers and the wider housing sector:

  • Stamp duty rebates and concessions can substantially lower the upfront cost of buying.
  • Encouraging off-the-plan sales drives housing development, increasing the number of homes on the market.
  • Apartment developments frequently help revitalise underused locations, especially in central city areas. 

4. Recent figures show apartment construction in Perth lags behind demand. Building approvals for apartment projects fell almost 20% from 2022 to 2024, mainly due to higher construction costs and funding issues. Without adequate incentives for new developments, Perth will face an even more severe housing shortage. For investors, buying off-the-plan properties offers long-term growth, especially in up-and-coming city areas.

5. Buyers should watch for risks such as construction delays or market changes during development. In these cases, experienced real estate experts are essential. Bargoti Real Estate, for example, advises buyers on off-the-plan opportunities, helping them check developer reliability, location quality, and long-term investment potential. Stronger policy incentives for off-the-plan buying could play a key role in growing Perth’s housing supply and keeping the property market healthy.

perth apartment approvals

Rental Bond Reform: Improving Efficiency in the Rental System

1. Housing policy debates often centre on home ownership and new developments, the rental sector also plays a vital role in ensuring a well-functioning housing market. In its 2026–27 submission, REIWA has put forward suggestions to streamline the management of rental bonds in WA. At present, the Bond Administration System, overseen by the WA government, manages rental bonds.

2. Tenants usually pay a bond equal to four weeks’ rent at the start of a tenancy, with the government holding the funds as a safeguard against unpaid rent or property damage. While this framework offers essential protections for both tenants and landlords, various industry participants have identified several administrative issues. A major concern is the lag in processing and returning bonds. When a lease concludes, bond refunds are processed through the government system, which can result in administrative delays.

3. These delays can be frustrating for both renters and landlords, especially for tenants seeking another rental. As a result, REIWA has recommended updating the rental bond process to enhance efficiency and reduce waiting times. One suggested improvement is adopting a more sophisticated digital platform for managing rental bonds, enabling quicker processing of both bond lodgements and refunds. An upgraded system might include features like:

  • Automatic bond payment verification
  • Online tools for resolving disputes
  • Speedier processing of bond refunds after tenancies finish

These technological upgrades will transform rental processes and dramatically reduce paperwork for property managers. A streamlined rental bond process benefits a variety of groups in the housing sector.

4. Tenants would be able to access their bond money sooner when changing homes, while landlords could handle tenancy changes more swiftly, facilitating a faster turnaround for leasing properties. For property managers, simplified administration can lead to notable gains in day-to-day efficiency. Although changes to rental bond management may seem modest compared to broader housing policies, these reforms can meaningfully improve the functioning of the housing market.

rental bond % of initial costs

Population Growth and Migration: The Hidden Force Driving Housing Demand

1. Population growth is a key factor influencing housing demand in cities. Perth is currently experiencing one of the highest growth rates nationwide, with WA’s population expanding by about 2.2% in the year to June 2025. This increase is driven by several factors. Interstate migration to WA has surged, as Australians from Victoria, New South Wales, and other states relocate there.

2. Escalating property prices in the east are prompting buyers to consider Perth as a cost-effective option. For example, Perth’s median house price is about $850,000, while Sydney and Melbourne regularly exceed $1.2 million. This price gap encourages owner-occupiers and investors to choose Perth for affordability. Overseas migration rebounds after pandemic disruptions.

median house prices

3. Skilled migrants arrive in WA to boost mining, construction, healthcare, and education, increasing housing demand. The strong economy attracts newcomers. The resources sector offers jobs, while infrastructure and renewable energy projects create additional employment, attracting more people to Perth and intensifying housing demand. Sharp population growth strains property sales and rentals.

4. As resident numbers rise, housing demand increases; if supply lags, prices climb. For real estate firms like Bargoti Real Estate, tracking migration and demographic shifts is vital for forecasting housing needs. Suburbs experiencing rapid population growth are prime locations for investors seeking long-term growth. As Perth attracts more people, policymakers must balance supply and demand to avoid worsening affordability.

population growth rate

Investment Trends in the Perth Property Market

1. Perth has rapidly emerged as a top destination for property investors in Australia. Although Sydney and Melbourne have long held the spotlight for property investment, Perth now stands out for its more affordable property prices, robust rental returns, and a growing economy. These factors make it an appealing option for those aiming for sustained growth. Since 2023, investor interest in WA has been on the rise.

2. Data from the Australian Bureau of Statistics shows that the value of new investment loans in WA increased by over 25% from 2023 to 2025. This increase reflects heightened investor confidence in Perth’s long-term property prospects. Compared with other major Australian cities, Perth continues to offer some of the most affordable housing. At the beginning of 2026, the median house price in Perth is about $850,000, significantly less than Sydney’s median, which is above $1.4 million, and Melbourne’s, which is over $1 million.

3. This price difference enables investors to access the Perth market with less upfront capital, while still having the opportunity for substantial growth. Rapid population growth and a shortage of rental properties have driven strong demand for rental accommodation across Perth. In many suburbs, vacancy rates have remained below 1%, indicating a very tight rental market. For investors, such low vacancy rates reduce the likelihood of rental income gaps.

4. Rental returns in Perth remain among the best in the country, with median gross yields for houses generally sitting between 4.5% and 5.5%, and some unit markets achieving returns above 6%. These figures are notably higher than in Sydney and Melbourne, where rental yields are often under 3.5%. More investors from other states, especially the eastern states where property is much more expensive, are looking to Perth to diversify their portfolios and secure higher rental returns.

rental yield by city

5. For agencies such as Bargoti Real Estate, this surge in investor numbers provides opportunities to help clients find top-performing suburbs and investment properties. While increased investor involvement can boost market activity, policymakers must maintain housing affordability for those seeking to buy their own homes. This is why REIWA’s policy advice highlights the need to boost housing supply in order to keep the market balanced.

median house prices by city

Rental Yield Growth and Opportunities for Property Investors

1. Rental yields have become a key feature of Perth’s real estate recently. For investors, rental yield is the annual rental income as a proportion of the purchase price. High-yield properties are particularly attractive, offering steady income and potential capital growth. The market’s notable expansion is mainly due to a persistent shortage of available properties.

2. REIWA figures show that in 2025, the typical weekly rent for houses in Perth rose to about $700, an almost 16% increase from the previous year. Flats also saw robust rental increases, with median weekly rents reaching roughly $620. A range of factors is underpinning the solid rental yield results seen across Perth:

  • A fast-growing population has heightened the need for rental housing.
  • Limited rental stock has intensified competition between prospective tenants.
  • Increasing construction expenses have hampered the pace of new rental property development.
perth weekly rent growth

Collectively, these elements create conditions that strongly favour landlords across various Perth suburbs.

3. From an investor’s perspective, certain property types are especially well-positioned to benefit from strong rental demand. Townhouses and apartments near central districts appeal to young professionals and students seeking proximity to employment and educational institutions. Family homes in outer suburbs, particularly those close to schools, parks, and transport links, continue to attract families relocating to Perth.

4. Properties near major infrastructure projects typically experience higher interest from both tenants and buyers. While rents have surged in recent years, many industry observers anticipate that rental price growth could ease as more housing becomes available. Nevertheless, with vacancy rates still at historic lows, demand is predicted to remain robust. By leveraging thorough market analysis and making informed choices, investors can position themselves to capitalise on the evolving Perth property market.

WA new investment loans growth

Government Housing Supply Programs and Their Market Impact

1. To address the housing shortage in WA, both the state and Commonwealth governments have rolled out various schemes intended to boost housing supply and make homes more affordable. A key measure is the WA government’s substantial investment plan, valued at several billion dollars, dedicated to increasing the number of new homes built throughout the state.

2. Recent government announcements have committed over $400 million to social and affordable housing developments, alongside further financial support for essential infrastructure and construction initiatives. Multiple initiatives have been launched to stimulate residential development and strengthen the building industry:

  • Government-supported schemes aim to expand access to affordable housing for individuals and families on low to moderate incomes.
  • These initiatives comprise major residential projects specifically designed to offer long-term rental options.
  • Upgrades to transport links, essential services, and community amenities underpin the creation of new housing estates.

3. Government-led housing schemes can significantly affect market dynamics by boosting the number of homes on offer. For investors, pinpointing areas earmarked for new development could yield opportunities for heightened demand and sustained growth, particularly as these regions may see increased tenant interest and long-term value appreciation as development projects progress.

WA housing funding allocation

Suburb Growth Case Studies in the Perth Property Market

While Perth’s property market has grown in recent years, certain suburbs stand out as hotspots due to factors like infrastructure, population, job prospects, and lifestyle. Understanding these trends is crucial for buyers and investors seeking to optimise value and secure gains.

1. Baldivis: Rapid Population Expansion

Baldivis, located just 46 kilometres south of Perth’s CBD, has emerged as a magnet for new residents over the past decade. Its streets are abuzz with the energy of rapid population growth.

  • Once seen as a quiet semi-rural area, Baldivis has transformed into one of the most exciting and fast-growing suburbs in the city, reshaping its identity and drawing positive attention.
  • Compared to inner-city suburbs, Baldivis offers more affordable housing, attracting many first-home buyers and young families.
  • Recent years have seen property prices in Baldivis jump by about 12–15% annually between 2023 and 2025, fueled by eager demand and a shortage of homes on the market.

Baldivis gets an extra boost from its easy connections to main roads, shopping hubs, and quality schools—making life smooth for newcomers and long-time residents alike.

baldivis house price growth

2. Ellenbrook: Infrastructure-Driven Growth

Ellenbrook is riding a wave of growth, thanks to headline-grabbing infrastructure projects—especially the Metronet Ellenbrook train line, which now links its community directly to the heart of Perth.

  • Fresh infrastructure upgrades often spark a surge in property demand, giving residents better connections and a new ease in their daily commutes.
  • As the new rail line nears completion, Ellenbrook has seen property prices soar, with median home prices rising from around $450,000 in 2021 to nearly $650,000 by 2025.

This trend highlights how infrastructure investment can dramatically alter the dynamics of suburban property markets.

elenbrook median price trend

3. Scarborough: Lifestyle and Coastal Appeal

Scarborough offers a contrasting growth narrative, mainly fuelled by lifestyle considerations.

  • Positioned on Perth’s coast, it has grown in popularity among young professionals and investors seeking lively coastal living.
  • Thanks to bold urban renewal—like the major revamp of the Scarborough beachfront—the suburb sparkles as a contemporary destination, buzzing with restaurants, cafes, entertainment, and refreshed public spaces.

Scarborough’s booming median home price, now typically topping $1.2 million, cements its reputation as an iconic coastal suburb in high demand.

scarborough median price

These suburban examples demonstrate the wide range of elements that can drive property market growth. Factors such as new infrastructure, affordable pricing, desirable lifestyles, and rising populations significantly affect local housing demand. Investors who recognise these local patterns can position themselves advantageously in the Perth market by targeting suburbs with strong prospects for capital growth and rental returns.

Risk Factors That Could Affect the Perth Housing Market

1. While the overall outlook for Perth’s housing market remains upbeat, it is crucial to acknowledge that property values are shaped by numerous economic, financial, and regulatory influences. Interest rates, for example, play a key role in determining how affordable property is. Higher interest rates mean that loans cost more, which in turn reduces buyers’ ability to borrow. This can put the brakes on price growth or even lead to short-term falls in property values.

2. On the other hand, a drop in interest rates usually boosts housing demand because home loans become more accessible. Perth’s economic fortunes are tied closely to WA’s resources sector, especially mining and energy. These industries have long underpinned the state’s robust growth, but shifts in international commodity prices can impact jobs and investment across WA. Should the resources sector experience a major slump, this could dampen demand for homes.

3. Additionally, the stability of the housing market is influenced by the well-being of the construction industry. Financial troubles for builders, supply chain disruptions, or worker shortages can hold up property development, limiting the supply of new homes and potentially causing market imbalances. Changes in government policies—such as those affecting property taxes, lending standards, or rental regulations—can also shape the direction of the housing market. For example, adjustments to stamp duty or investor taxation can alter buyer choices.

4. Nevertheless, Perth’s property market has shown long-term resilience despite these challenges. Those who buy or invest using informed strategies are typically better equipped to handle market shifts. Partnering with knowledgeable real estate professionals, such as Bargoti Real Estate, can help clients identify potential risks and opportunities that align with their long-term investment plans. Thorough research, careful planning, and strong local knowledge are all vital for making successful property decisions.

perth housinh build capacity

Housing Affordability Challenges and Policy Solutions

1. The issue of housing affordability has emerged as a major policy concern across Australia, with Perth facing similar difficulties. Even though Perth is still comparatively affordable compared to larger cities like Sydney and Melbourne, rising property prices and rents have made it harder for many people to find affordable housing. In recent years, Perth has witnessed a sharp rise in property values, driven by a growing population and a shortage of available homes.

2. While these trends favour property owners and investors, they also make it tougher for first-time buyers and households on lower incomes to access the market. A frequently referenced indicator of housing affordability is the price-to-income ratio, which compares the median home price to the median household income. In Perth, this ratio has been climbing consistently, as house prices have outpaced wage growth.

3. Affording rental accommodation has also become more difficult for many, as low vacancy rates drive fierce competition among renters. This often pushes rents higher and leaves tenants with less negotiating power. Expanding the supply of homes is widely recognised as a key solution to these challenges. By building additional homes, the competition between buyers and tenants can be reduced, which may help steady property prices.

4. REIWA’s policy recommendations emphasise the need to cut red tape and promote new building initiatives. Governments are also allocating funds to affordable housing initiatives to assist lower-income individuals. Such initiatives might include state-backed housing, shared ownership models, and collaborations with not-for-profit housing providers. Adjustments to taxes, such as stamp duty, are another potential way to improve affordability. Changing eligibility criteria and lowering initial costs can help first-home buyers purchase their own homes.

5. Addressing the housing affordability issue requires a holistic approach that considers both supply and demand factors. Real estate firms such as Bargoti Real Estate are instrumental in guiding clients through these challenges by finding properties with good value and promising long-term returns. With thoughtful policy changes, effective city planning, and increased housing construction, Perth can build a sustainable and accessible property market for future generations.

perth rental vacancy rate trend

Future Policy Outcomes and Market Stability

1. The housing policies introduced now will shape the property market in the years ahead. The suggestions in REIWA’s 2026–27 policy submission aim to create a fairer housing market in Perth by tackling fundamental structural issues. If these policy changes are adopted, they are likely to boost housing availability, make homes more affordable, and promote greater market stability.

2. Policymakers should focus on building a housing supply system that reacts quickly to demand. Loosening planning rules and supporting new developments enables governments to align housing supply with population growth. Adjusting stamp duty and supporting off-the-plan purchases can stimulate property sales and boost construction.

3. Ongoing investment in infrastructure will remain vital in influencing the direction of the housing market. Initiatives such as upgrading train lines, improving roads, and developing job hubs can have a major impact on housing demand across various areas. However, those making policy decisions need to remain alert to potential threats, such as economic slowdowns, shifts in interest rates, and challenges facing the construction industry.

4. Achieving stability in the housing market depends on ongoing cooperation between government bodies, industry groups, developers, and property experts. Organisations like Bargoti Real Estate play a role by offering insights into market trends and buyer behaviour. To support a resilient and sustainable housing market in Perth over the long term, all stakeholders are encouraged to collaborate actively, share expertise, and contribute to the development and implementation of effective policies.

infrastructure investment growth

Conclusion: Building a Balanced Perth Housing Market

Perth’s housing sector stands at a crucial crossroads. Rapid population growth, a robust economy, and increasing migration sharply boost housing demand citywide. Meanwhile, constrained supply, construction delays, and intensifying affordability concerns highlight the need for targeted policy action. The recommendations in REIWA’s 2026–27 submission offer clear strategies to stabilise and strengthen the housing market. By reforming stamp duty, incentivising higher residential density, improving rental regulations, and supporting infrastructure investment, policymakers can address the sector’s primary challenges.

Studies indicate Perth is poised to remain one of Australia’s most attractive property markets in the near future. The city’s relatively affordable homes, strong rental yields, and expanding employment opportunities appeal to both owner-occupiers and investors. However, maintaining long-term market stability will require continuous coordination among government, developers, and industry leaders. Agencies like Bargoti Real Estate play a vital role in guiding buyers, sellers, and investors as the market evolves. By providing expert advice, current market data, and customised real estate solutions, they enable clients to make informed property decisions.

As Perth progresses and adopts innovation, its housing market remains central to the city’s economic and social growth. With prudent policy reform, responsible city planning, and well-targeted property investment, Perth can build a housing sector that supports wealth and accessibility for future generations.

DISCLAIMER – The information and opinion provided is for guidance and general informational purposes only. The sole intention is to provide general understanding of the subject matter so the readers can assess whether they need more detailed information. The information provided on this website should not be regarded as a financial, business, legal or real estate advice and it is strongly recommended that the readers should seek their own independent financial, business, legal or real estate advice. While every effort has been made to ensure that the information and the material is correct and up to date at the date of publication. However, we do not guarantee or warrant the accuracy or completeness of the information provided as the factors like changes in circumstances after the time of publication, may impact such accuracy or completeness. Bargoti real estate will not accept responsibility or liability for any reliance on the blog information, including but not limited to, the accuracy, currency or completeness of any information or links.

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