We hope you’ve been enjoying this brief working week, with the Easter break just behind us and ANZAC Day tomorrow offering a moment of reflection and remembrance.
While it’s been a shorter week for many, the Perth property market continues to move — particularly in rentals. In March 2025, Perth’s rental vacancy rate rose to 2.5 percent, up from 2.3 percent in February. It’s the first time we’ve reached this level since September 2019, and while this figure aligns with what’s considered a more “balanced” market (between 2.5 percent and 3.5 percent), the reality on the ground is far more nuanced.
REIWA President Suzanne Brown shared that although we’re seeing more availability in some areas — the overall rental supply still sits 5 percent below its 2021 peak. This, coupled with continued population growth, means rental pressures persist, especially in lifestyle-rich, centrally located suburbs where competition remains fierce and vacancy rates remain below 1 percent.
In some outer metro areas, tenants are beginning to see more choice and flexibility, and landlords are adjusting expectations — including price — to attract the right tenant. This shift means tailored advice is more important than ever.
Navigating these nuanced conditions successfully depends on having a Property Manager who understands local trends and can deliver a leasing strategy designed specifically for your property.
At White House Property Partners, our personalised approach is backed by results — our Property Management Team was recently ranked Top 4 in WA for the lowest median days on market in the 25–49 properties leased category for the March quarter, with an impressive average of just 10 days on market.
Whether you’re a tenant seeking your next home or an investor looking to understand your property’s performance in the rental market, feel free to call our Head of Property Management Monique Malarowski on 0418 228 524 or email monique@whitehouseproperty.com.au.
We’re here to ensure you feel confident and informed to make the best decision for your personal circumstances.
