Year: 2026 2025 2024
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Perth, Australia

Property prices · 2025 · Oceania · Price +4% vs 2024

Price/sqm — City Centre AUD 8,112
Price/sqm — Outside Centre AUD 5,408
1-Bed Rent / Month AUD 1,664
3-Bed Rent / Month AUD 3,120
Avg Mortgage Rate 6.20%
Price-to-Rent Ratio 18.0x Buying and renting are roughly comparable

Property price trend in Perth (2024–2026)

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Property comparison — cities in Australia (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Perth
Perth AUD 8,112 AUD 5,408 AUD 1,664
Sydney AUD 19,240 AUD 11,960 AUD 2,912 +137.2%
Melbourne AUD 15,080 AUD 9,568 AUD 2,288 +85.9%
Canberra AUD 11,550 AUD 7,560 AUD 2,310 +42.4%
Gold Coast AUD 10,710 AUD 7,035 AUD 2,205 +32%
Brisbane AUD 10,192 AUD 6,760 AUD 1,872 +25.6%
Adelaide AUD 8,925 AUD 5,880 AUD 1,995 +10%

Other Oceania cities (2025)

Frequently asked questions

How much does property cost in Perth in 2025?

In Perth, the average price per sqm in the city centre is AUD 8,112, and AUD 5,408 outside the centre (2025 data). Prices have risen 7% since 2024.

How much is rent in Perth in 2025?

A 1-bedroom apartment in Perth rents for approximately AUD 1,664 per month in 2025. A 3-bedroom apartment costs around AUD 3,120/month.

Is it better to buy or rent in Perth?

Buying and renting are roughly comparable in Perth. The price-to-rent ratio is 18.0x — it would take approximately 18.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 6.20%.

What are mortgage rates in Australia in 2025?

The average mortgage rate in Australia is approximately 6.20% as of 2025. With a price-to-rent ratio of 18.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Perth changed?

Property prices in Perth have changed +4% vs 2024. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.

What is the price per sqm in Perth?

The average property price per square metre in Perth city centre is AUD 8,112 in 2025. Outside the centre, expect to pay around AUD 5,408/sqm.

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