JINDALEE was among the suburbs to record the highest house price growth and was also among those with the fastest median leasing times in October, according to REIWA.
Suburbs that saw the most house price growth in October were Jindalee (up 2.1 per cent to $960,000), Southern River (up 1.6 per cent to $935,000), Doubleview (up 1.6 per cent to $1,275,000), Bayswater (up 1.5 per cent to $1,047,544) and Swan View (up 1.4 per cent to $700,000).
According to the latest REIWA data, houses in greater Perth reached a median sale price of $820,000 in October 2025, up 1.2 per cent from $810,000 at the end of September and 12.3 per cent higher than October last year.
REIWA president Suzanne Brown said monthly increases in the median price were likely to continue as long as demand was high and the number of listings remained at or near record lows.
“We have continuing population growth; we have new home buyers entering the market due to the 5 per cent deposit under the home guarantee scheme and we simply do not have the housing stock to meet the demand,” she said.
“People are not listing their homes due to concerns about securing a new place to live and new home completions are not meeting pent up demand.
“We have seen a very slight increase in listings in October, compared to September, but listings of properties for sale remain 44.5 percent lower than the same time last year.”
Listings for sale were 2793 at the end of October, compared to 2744 for September.
This was 1.8 per cent higher than September, but 44.5 per cent lower than one year ago.
Meanwhile, in the rental market homes leased in a median of 16 days during October, no change from September or 12 months ago.
The October www.reiwa.com data showed the suburbs recording the fastest median leasing times were Shenton Park (six days), Joondalup (seven days), Innaloo (10 days), Morley, Clarkson and Fremantle (11 days), Madora Bay, Jindalee, Balga and Joondanna (12 days).
There were 2137 properties available for rent on www.reiwa.com at the end of October.
