Weekly Insights with Josh Mezger | April 2026
The Western Australia property market continues to show its unique character as we move through the second quarter of 2026. While the broader national market faces headwinds, Perth real estate remains a focal point for both local homeowners and savvy investors.
According to the latest real estate news in Perth, sales transactions saw a temporary dip of 17.2% last week, with REIWA members reporting 625 transactions. However, this headline figure masks a surge in specific sectors; while house and unit sales cooled, land sales spiked by a significant 43.3%.+1
Current Market Dynamics & Listings
For those tracking Josh Mezger listings, the inventory landscape is shifting. There were 3,669 houses for sale in Perth at the end of last week—an 11.9% increase in availability. This rise in Perth housing forecast data suggests a slight easing for buyers who have been battling record-low stock levels over the past year.
“A professional appraisal in Perth is more critical than ever,” says Josh Mezger. “With listings up 20.8% compared to four weeks ago, but still 26.4% lower than last year, pricing strategy is the difference between a record sale and a stagnant listing.”
Top Performing Suburbs
Understanding real estate market trends in WA requires looking at the “micro-markets.” Last week’s top-performing suburbs for sales included:
- Baldivis & Perth City: 9 transactions each
- Como, Gosnells, & Hamilton Hill: 8 transactions each
The prestige sector remains robust, with the highest sale price reaching $2,200,000 in Halls Head. For those seeking luxury real estate in Perth or Swan River property, demand for premium lifestyle locations like Cottesloe homes for sale and Subiaco real estate continues to outpace supply.
The Perth Rental Market & Investment
The Perth rental market is experiencing a similar increase in stock, with 2,099 properties currently available—up 7.8% from the previous week. For those looking into investment property in WA, suburbs like Baldivis and Perth are leading the way in leasing activity.
As one of the best real estate agents in Perth, Josh Mezger provides comprehensive property management in Perth, helping landlords navigate a market where rental listings are 11.2% higher than a month ago but still tighter than the historical average.
⬆️Sales
Median Value
Homes: $890,000 ( ⬆️$20,000)
Units: $635,000 (⬆️ $20,000)
Average Days on Market: 9(⬆️ 1)
Rentals
Median Rent
Homes: $700 / week (No Change)
Units: $730 / week (No Change)
Vacancy Rate: 2.0%
WhatsApp Josh on +61 (0)488038805 or josh@domeproperties.com.au for further information for a confidential discussion regarding buying, selling or renting
