As we close out October, Perth’s property market is continuing to surge ahead, with analysts now forecasting up to 10 percent price growth in 2026. The combination of limited housing supply, strong population growth and a resilient economy has created a market where demand remains unrelenting across all segments from apartments, units and townhouses to premium family residences.
This week’s release of September-quarter inflation data has added a new layer of context. Inflation has risen once again to 3.2 percent, now sitting outside the Reserve Bank’s target range of 2–3 percent and with the RBA set to meet next Tuesday, it appears clear that an interest rate cut is now off the table for this year. While many had been hoping for some relief, these latest figures reinforce that current conditions are likely to remain steady for the foreseeable future.
