06/11/2026
Perth Market Update from Platinum Realty Group ✨
THE PERTH PROPERTY MARKET – MY VIEW AS WE HEAD INTO 2027
By John Kemsley | Managing Director, Platinum Realty Group
There is plenty of discussion about the Perth property market at the moment, and I believe it is important to separate the headlines from what is actually happening on the ground.
Perth's property market has experienced an extraordinary period of growth, but let's be honest — the rapid rate at which property values have increased was never going to be sustainable indefinitely, and I believe we're now entering a period where the market needs to find a more balanced and sustainable pace.
We also can't ignore what's happening globally. Uncertainty in the world economy, geopolitical tensions, inflationary pressures and changing economic conditions all have the potential to influence consumer confidence, employment, borrowing capacity and ultimately property demand here in Perth.
Interest rates and the prospect of further rate movements also play a significant role. Even relatively small changes in mortgage repayments can influence what buyers can afford, how much confidence they have and what they're prepared to pay for property.
That said, Perth still has some strong underlying fundamentals, including population growth, ongoing housing supply shortages, strong rental demand and our attractive lifestyle.
My biggest message to property owners is this: don't make decisions based purely on yesterday's market, but don't underestimate the value of your property either.
The key is understanding what is happening in your suburb, what comparable properties are actually selling for, and where genuine buyer demand exists.
Not every suburb or property will perform the same, and understanding what is really happening at street level has never been more important.
John Kemsley
Managing Director
Platinum Realty Group
