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What’s the Perth Rental Market Like Right Now? (Mid-2025 Update)

If you're a property investor or considering leasing your home, you’re likely wondering how the Perth rental market is performing — and the short answer is: very well.

Low Vacancy Rates

Perth continues to experience historically low vacancy rates, sitting below 1% in many suburbs. Quality rentals are leasing fast, often after just one home open, particularly in high-demand areas like Alkimos, Baldivis, and across the eastern hills.

Steady Rental Growth

Weekly rents have continued to rise, driven by strong demand, a tight supply of available homes, and population growth. Well-presented properties — especially newer builds and those with quality fittings — are commanding premium returns.

Strong Tenant Demand

We’re seeing consistent interest from working families, FIFO workers, and downsizers looking for long-term rentals. Tenants are more selective, valuing properties that are clean, low-maintenance, and managed by responsive property managers.

Our Take

It's a landlord’s market, but that doesn’t mean you can “set and forget.” Properties that are well-managed, priced correctly, and marketed professionally still outperform the rest.

At Perth Rental Specialists, we provide personalised leasing strategies backed by local experience and real-time market insight — not guesswork.

Want to know what your property could rent for? Contact us today for a no-obligation market appraisal.