Perth Real Estate in 2025: Major Shift in Trends, Opportunities, and Insights
17th December, 2024
Perth Real Estate Market 2025 is on the brink of transformative changes that are set to redefine the landscape for buyers, sellers, and investors alike. This blog will explore key trends, economic influences, and demographic shifts that are poised to impact the Perth property market and what steps you can take to stay ahead in the market as this market is set for continued resilience amid economic recovery, demographic shifts, and technological advancements. As demand rises and developments expand, understanding the evolving landscape will be crucial for both buyers and investors looking to navigate this dynamic environment effectively.
Analysis by Economists
Perth’s property market in 2025 is poised for continued growth in 2025, despite challenges such as high interest rates and increased mortgage burdens impacting other regions. Economists note a significant increase in house prices, which have risen over 20% in 2024, driven by record migration, a struggling construction sector, and sustained inflationary pressures alongside a chronic housing shortage (WAtoday).
Gavin Hegney, a Perth property analyst, predicts further growth of 10-12% in the coming year, suggesting that while the market may hit overvalued territory, it is currently balanced. He advises caution for buyers and anticipates a shift in demand towards mid-range suburbs if interest rates decline (Hegney).
Trent Fleskens from Strategic Property Group echoes optimism, highlighting that sustained population growth will continue to exert upward pressure on prices, potentially exceeding double-digit growth in 2025. He emphasizes the importance of amenities in driving buyer preference (Fleskens).
Nerida Conisbee, chief economist at Ray White, indicates that while price growth will persist, it may slow as mortgage fatigue sets in amid high interest rates. Still, she anticipates that ongoing construction cost inflation and population increases will sustain price increases, particularly in outer suburbs (Conisbee).
Tim Lawless, CoreLogic research director, notes a potential slowdown in growth to under 10%, emphasizing affordability concerns and a slight increase in housing supply as factors influencing the market outlook. However, he expects scarcity in desirable areas to support prices (Lawless).
Peter Gavalas, a buyers agent, projects a more tempered growth rate of around 10%, reiterating that the current economic environment remains favorable for buyers, particularly local ones, due to demographics and employment rates. He advises potential buyers to act quickly to avoid the challenge of rising prices (Gavalas).
Overall, experts agree that the Perth market remains solid, emphasizing the importance of strategic buying in well-located suburbs as prices are likely to continue rising in 2025.
1️⃣ Why Perth’s Real Estate Market is Still Booming in 2025?
House prices in Perth rose over 20% in 2024, and experts predict another 10-12% increase in 2025. Migration, construction delays, and high demand continue to drive property values up.
Key Insights:
- Perth remains Australia’s most affordable capital city, making it a hotspot for investors.
- Supply shortages due to a struggling construction industry will keep prices strong.
- Suburbs with infrastructure growth will see the highest appreciation.
💡 Buyer Tip: Get in before prices rise further—waiting could mean paying more later.
2️⃣ Virtual Home Staging & AI-Powered Property Marketing
90% of buyers start their search online, making digital-first home presentation more important than ever.
What’s Trending in 2025:
- Virtual home staging creates a fully furnished look without the cost.
- AI-powered home visuals customize interiors to buyer preferences.
- 3D walkthroughs, drone footage & video marketing are now must-haves.
💡 Seller Tip: Listings with professional virtual staging get 40% more inquiries.
3️⃣ Best Perth Suburbs to Buy & Invest in 2025
With property values climbing, choosing the right suburb is critical for buyers and investors.
Top Growth Suburbs for 2025:
- Alkimos – Affordable entry point & high rental demand.
- Eglington – Family-friendly, near top schools & transport.
- Yanchep – Emerging hotspot with major infrastructure projects.
💡 Investor Tip: Look for suburbs with strong rental yields, infrastructure investment, and demand from buyers & renters.
4️⃣ Buyer & Seller Expectations Have Shifted—Here’s What They Want
Buyers in 2025 aren’t just looking for a house—they want a move-in ready lifestyle.
What’s In Demand:
- Smart home tech (keyless entry, security cameras, voice automation).
- Energy-efficient upgrades (solar panels, insulation, double-glazed windows).
- Open-plan living spaces & dedicated home office areas.
💡 Seller Tip: Simple upgrades (modern lighting, neutral walls, landscaping) can add thousands to your home’s value.
5️⃣ How to Sell Your Home Fast in 2025 (Without Undercutting Price)
Selling in a competitive market means presentation & marketing are key.
Winning Strategies for Sellers:
- High-quality photography & virtual staging
- Strong social media & Google Ads campaigns
- Competitive pricing & buyer incentives
💡 Pro Tip: Properties with 3D virtual tours & video walkthroughs sell 32% faster.
📊 Final Takeaway: What This Means for Buyers & Sellers in 2025
✅ For buyers: Prices are rising, so waiting could mean paying more later.
✅ For sellers: The right presentation & marketing can increase your sale price.
✅ For investors: Focus on high-demand suburbs to maximise ROI.
At Sherlock Homes Group, we help sellers showcase their properties with expert staging & marketing.
💡 Thinking of selling? Let’s chat about how to get you the best result in 2025.
Please note that the information provided in this blog is intended for general informational purposes only, and shouldn’t be construed as professional advice. It also may have changed between now and its time of publication, so we can’t guarantee its accuracy or completeness. As such, this means that we aren’t liable for any loss or damages arising from the use of the information provided in this post.