Perth, Australia
Property prices · 2026 · Oceania · Price +2.9% vs 2025
Property price trend in Perth (2024–2026)
Property comparison — cities in Australia (2026)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Perth |
|---|---|---|---|---|
| Perth | AUD 8,346 | AUD 5,564 | AUD 1,712 | — |
| Sydney | AUD 19,795 | AUD 12,305 | AUD 2,996 | +137.2% |
| Melbourne | AUD 15,515 | AUD 9,844 | AUD 2,354 | +85.9% |
| Canberra | AUD 11,990 | AUD 7,848 | AUD 2,398 | +43.7% |
| Gold Coast | AUD 11,118 | AUD 7,303 | AUD 2,289 | +33.2% |
| Brisbane | AUD 10,486 | AUD 6,955 | AUD 1,926 | +25.6% |
| Adelaide | AUD 9,265 | AUD 6,104 | AUD 2,071 | +11% |
Other Oceania cities (2026)
Frequently asked questions
How much does property cost in Perth in 2026?
In Perth, the average price per sqm in the city centre is AUD 8,346, and AUD 5,564 outside the centre (2026 data). Prices have risen 7% since 2024.
How much is rent in Perth in 2026?
A 1-bedroom apartment in Perth rents for approximately AUD 1,712 per month in 2026. A 3-bedroom apartment costs around AUD 3,210/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 2026?
The average mortgage rate in Australia is approximately 6.20% as of 2026. 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 +2.9% vs 2025. 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 8,346 in 2026. Outside the centre, expect to pay around AUD 5,564/sqm.