Don’t Rely on the Media for Your Market Intel
If you’ve been following the headlines, you’d think every rental property in Perth is being leased within hours and at record-breaking prices. While there’s no doubt the rental market is competitive, relying solely on the media for your property insights can be misleading.
Often, the properties that make the news are those advertised below market value. Naturally, they generate a flood of interest and multiple applications, but that doesn’t reflect the true leasing conditions across the board.
On the flip side, when landlords advertise their properties above market value, the opposite happens—prospective tenants don’t engage, enquiries dry up, and applications are slow to come through. In these cases, even great homes can sit on the market longer than necessary, costing owners valuable time and income.
The Perth rental market while still tight with vacancy rates below 1%, has seen a significant slowdown in rent growth during 2025. Median rent prices for houses have held steady at $700 per week. The median rent for units has been $660 per week since March 2025.
Perth’s property prices have risen strongly over the last 12 months which is good news for existing investors and remains an affordable option as there are still opportunities for strong returns. While the frenzied conditions of the last few years have eased, the market remains fairly competitive, however this is likely to change as supply continues to increase.
The Value of Local Expertise
At Celsius, our Property Management team is on the ground every day, working with real tenants and landlords in Perth. We don’t rely on headlines—we rely on data, experience, and market knowledge. Our focus is to help you:
- Set a fair and competitive rent that attracts quality tenants.
- Understand the market conditions to create the best result for your property and minimise vacancy.
- Secure reliable tenants who will treat your property with respect.
Partner with Celsius Property Management
Whether you’re an existing landlord or considering leasing out your property, our expert team is well-placed to guide you through the process. We’ll ensure your home is positioned at the right price, reaching the best possible tenants, and achieving a strong return.
Talk to Celsius Property Management today about leasing your property with confidence.