🇦🇺 AU · Western Australia

Perth.
Where the housing market sits.

Mining-economy proxy — undervalued during the 2014-2020 commodity downturn, sharply rerated as iron ore and lithium pricing recovered.

Updated 20h ago Latest data: 2025-10-01 ABS RPPI Perth · RBA · 2021 Census

Perth sits in Bubble Watch — unaffordable and still climbing. Affordability scores 1/100 and momentum 95/100.

City gauges
Affordability
1
Extreme — bottom decile
0 · Most expensive100 · Most affordable
Median price (AUD)
A$800,000
City-level median home price, source-specific (see below).
Median household income (AUD)
A$96,000
Most recent published metro-level median household income.
Mortgage payment burden
48.5%
30-year amortized payment at current rates as a share of median household income.
Momentum
95
Extreme — top decile
0 · Cooling/declining100 · Running hot
Year-over-year price change
Not yet sourced for this market — see methodology.
Months of supply
Not yet sourced for this market — see methodology.
Days on market
Not yet sourced for this market — see methodology.
Regime · What the gauges say together

Bubble watch

Unaffordable and still appreciating in real terms.

Unaffordable, and still climbing.

Context
Real price growth (3-mo annualized)+40.69%
Headline mortgage rate6.1%
CPI year-over-year1.02%
Leading equity indicators (homebuilders/REITs)-4.1% avg vs 200-day MA · breadth 0/3
Data sources for Perth
  • CoreLogic Daily HVI
  • REIWA market reports

Full source documentation on /data-sources.

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