Property prices are climbing to record highs, interest rates are on hold (but likely to drop), and buyer demand remains resilient. Despite the chilly winter months, the property market is anything but cool—especially in Perth, which continues to outperform nearly every capital city.
🔥 Perth: One of the Nation’s Hottest Markets
Even the Reserve Bank’s decison to hold the cash rate at 3.85% the market is still increasing. Perth recorded +0.8% growth in June, pushing quarterly growth to +2.1% and annual growth to +7.0%, according to the Cotality Home Value Index – July 2025.
💡 Perth has now posted the strongest 5-year growth in Australia at +81.1%—driven by affordability, tight stock levels, and strong population growth.
- Median Perth dwelling value: $819,885
- Top-performing suburbs:
- Mundaring (+11.6%)
- Swan (+10.5%)
- Kwinana (+9.8%)
- Perth City (+9.1%)
📊 See the full list of top-growth Perth suburbs here.
🏡 National Home Value Movements – June 2025
According to Cotality, Australia’s property prices rose 0.6% in June, marking the fifth consecutive month of growth.
| Capital City | Monthly Change | Median Dwelling Value |
|---|---|---|
| NT | ▲ 1.5% | $509,446 |
| ACT | ▲ 0.9% | $841,340 |
| QLD | ▲ 0.8% | $807,801 |
| WA (Perth) | ▲ 0.8% | $819,885 |
| NSW | ▲ 0.6% | $1,160,065 |
| VIC | ▲ 0.5% | $894,302 |
| SA | ▲ 0.5% | $746,387 |
| TAS | ▼ –0.2% | $689,447 |
🏷️ National median house price: $1,034,806
🏢 National median unit price: $697,233
Cotality’s Tim Lawless noted:
“Falling interest rates and limited housing supply are key drivers behind the market rebound. Auction clearance rates and buyer activity have surged.”
📉 Interest Rates – On Hold, But Not for Long
The RBA held the cash rate at 3.85% in July—against most economists’ expectations, who predicted another cut.
📊 Key Economic Figures:
- CPI: 2.1% in the year to May (down from 2.4% in April)
- Trimmed mean inflation: 2.4% – the lowest since November 2021
- RBA decision: 6 voted to hold, 3 voted to cut
💬 Governor Michele Bullock said the board is aligned on the direction (down), but not the timing. They’ll wait for quarterly CPI data before making their move.
The next RBA decision is due on 12 August, with most major banks predicting a rate cut.
💼 Buyer Demand & Listings
- Auction clearance rates nationally exceeded decade-long averages
- National property listings remain 5.8% below 2024 levels
- In Perth, advertised stock is down 16.7% vs the 5-year average
- Demand continues to outstrip supply in affordable growth corridors
🏠 New Government Schemes Now Active
✅ Help to Buy (Shared Equity Scheme)
Set to launch later this year, this scheme allows eligible buyers to:
- Purchase with 2% deposit
- Avoid Lenders Mortgage Insurance (LMI)
- Receive a government contribution of:
- 🏠 Up to 40% for new homes
- 🏡 Up to 30% for existing homes
📘 Read the official Help to Buy outline.
✅ 50,000 New Home Guarantee Scheme Places (FY2025)
- 35,000 First Home Guarantee
- 10,000 Regional First Home Buyer Guarantee
- 5,000 Family Home Guarantee
From January 2026, income and price caps will be removed from the First Home Guarantee, making all first-home buyers eligible to purchase with a 5% deposit and no LMI.
🕒 Planning a Spring Move?
The Spring selling season is just around the corner, and with rate cuts looming, competition is likely to increase.
📍 In Perth, buyers are already facing a highly competitive market with:
- Limited listings
- Fast-growing outer-ring suburbs
- Strong investor demand due to high rental yields
✅ Let’s Talk Strategy
Whether you’re a first-home buyer, upgrader, or investor — now’s the time to get your finance sorted.
We’ll help you:
- Assess borrowing power
- Compare lender rates and products
- Understand your scheme eligibility
- Strategically position for purchase
📞 Book an appointment now »
📩 Or reply to this post and we’ll walk you through your next move.
Let’s make your home ownership dream a reality.