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It can be easy to read the latest headlines and come away thinking the Australian property market is all doom and gloom. Interest rate rises, taxation changes and broader economic uncertainty have certainly shifted conditions, but as this week’s articles show, the full picture is more nuanced.
Despite the disruption, values remain higher than a year ago in most Australian suburbs, while Perth finished 2025–26 with record median house and unit prices and strong results across both the sales and rental markets. There is even some hope on the horizon for mortgage holders. Conditions are changing, but they are not changing equally everywhere. This is a timely reminder of how important it is to look beyond the headlines and consider the data, the local market and the longer-term perspective.
Contact us if you'd like to learn more from a local real estate perspective. We speak to potential sellers and active buyers every day and are constantly monitoring what's actually happening on the ground.
This week
- Perth’s top performing suburbs for sales & rentals
- The 2026 Aussie mid-year property report card
- New rates forecast gives mortgage holders hope
- Over 500 winter essentials collected for homeless
- This week’s market snapshot
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It can be easy to read the latest headlines and come away thinking the Australian property market is all doom and gloom. Interest rate rises, taxation changes and broader economic uncertainty have certainly shifted conditions, but as this week’s articles show, the full picture is more nuanced.
Despite the disruption, values remain higher than a year ago in most Australian suburbs, while Perth finished 2025–26 with record median house and unit prices and strong results across both the sales and rental markets. There is even some hope on the horizon for mortgage holders. Conditions are changing, but they are not changing equally everywhere. This is a timely reminder of how important it is to look beyond the headlines and consider the data, the local market and the longer-term perspective.
Contact us if you'd like to learn more from a local real estate perspective. We speak to potential sellers and active buyers every day and are constantly monitoring what's actually happening on the ground.
This week
- Perth’s top performing suburbs for sales & rentals
- The 2026 Aussie mid-year property report card
- New rates forecast gives mortgage holders hope
- Over 500 winter essentials collected for homeless
- This week’s market snapshot
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Perth’s top performing suburbs for sales & rentals
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Perth’s property market delivered another strong financial year, with both house and unit prices reaching record highs and some suburbs recording remarkable growth. This article reveals where values rose the most, which areas achieved the fastest sales and how changing conditions began to reshape the market towards the end of 2025–26. Investors may also be interested in REIWA’s separate look at the top-performing suburbs for rentals, including the areas offering the strongest yields, rent growth and leasing demand. Click on the link above for rental performance and on the main link below for sales performance.
Click here to learn more
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The 2026 Aussie mid-year property report card
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Australia’s property market has faced no shortage of disruption over the past year, yet home values remain higher than 12 months ago in most suburbs. This mid-year report card looks beyond the national headlines to reveal where prices have held up best, which areas continue to attract strong buyer enquiry and where homes are still selling quickly. WA features prominently among the standout markets, making it an interesting snapshot of where resilience remains as conditions continue to shift. It shows how data puts shifting markets into perspective.
Click here to learn more
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New rates forecast gives mortgage holders hope
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Mortgage holders have been given a glimmer of hope, with all four major banks now forecasting interest rate cuts from mid-2027. However, the path to relief may not be straightforward, with Westpac warning that further increases could still be needed this year as the Reserve Bank continues its fight against inflation. This article looks at the latest forecasts, the competing pressures shaping the outlook and what borrowers may face before rates finally begin to ease. With the next decision due to be handed down on August 11, this article is a must read if you want to stay informed.
Click here to learn more
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Over 500 winter essentials collected for homeless
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More than 500 sleeping bags, blankets, warm clothing and other essentials have been collected through REIWA’s 2026 Sleeping Bag Appeal to support Western Australians experiencing homelessness this winter. As proud long-term sponsors of The Salvation Army through REIWA’s Community REInvest program, we are pleased to see the community rally behind such an important cause.
Click here to learn more
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Rate your experience with us
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We value your feedback and are always seeking ways to serve you better.
Please rate your experience with us and comment if you have some feedback to share.
How did we do?
Click HERE to rate your experience with Shelmark Real Estate
Here's what a recent Seller said ...
Seller of house in Cockburn Central, WA
"Wow what a team are Shelley and Mark!
They did a fantastic job of preparing our house in Ridge Road, Jandakot for sale in record time. We had total faith in all their advice during this time. This is the second house in the last eighteen months that we have entrusted them to sell and we would not go with anyone else.
Many, many thanks".
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This Week's Property Market Snapshot
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Sales activity in Perth during the week ending July 12 was down 3.1% compared to the week before with 689 transactions recorded. On closer inspection, house and vacant land sales both recorded decreases, falling 4.6% and 17.2% respectively. However, unit sales rose by 7.9%
Perth’s highest sale price: Mosman Park – $2,750,000
Perth's lowest sale price: Perth – $550,000
Listings
There were 6,333 properties for sale in the metropolitan area for the week ending July 12, which is 10.5% higher than 4 weeks ago and 78.6% higher than the same time last year.
Top performing suburbs – sales
- Claremont: 26
- Baldivis: 14
- Scarborough, Subiaco: 13
- Karrinyup: 11
Top performing suburbs – rentals
- Baldivis: 28
- East Perth: 17
- Scarborough: 16
- Maylands: 13
- Perth: 11
Perth rental market
REIWA members reported 2,326 properties for rent at the end of last week, which is similar to both the previous and 4 weeks ago and 6.7% lower than the same time last year. Leasing activity rose by 7.7% compared to last week with REIWA members reporting 671 properties leased. This week's number of properties leased is 2.6% higher than 4 weeks ago but 9.7% lower than a year ago.
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Open for Inspection
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No Home Opens This Weekend
We're all sold out!
We now have plenty of time to dedicate to appraisals and new listings so if you're thinking of selling, now is a great time to call.
- Shelley on 0417 963 670
- Mark on 0411 552 309
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UNIT 15, 22-28 GIBSON ST, MT PLEASANT
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ABSOLUTELY IMMACULATE & EXTENSIVELY RENOVATED
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Now SOLD
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Recently renovated to a quality standard, this villa takes pride of place at the front of the aptly named ‘Pleasant Grove’, a boutique over-55’s community in the heart of this beautiful, lifestyle rich riverside suburb.
- Fully renovated kitchen & bathroom with separate toilet; updated laundry
- Spacious open plan living; triple bifold doors to study/multi-purpose/3rd bedroom
- Courtyard front & rear, both connected to the living zone by sliding doors
- Freshly painted, 4 NEW A/C units, NEW Plantation shutters throughout
- Personal driveway, NEW remote opening garage door with access to rear courtyard
- 2km from the river’s edge & close to parks, transport, dining options & more
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OTHER RECENTLY SOLD PROPERTIES
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For details of other recently SOLD properties click on the DETAILS button.
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