The Perth rental market continues to face significant pressure in 2026, with low vacancy rates and rising rents creating a challenging environment for tenants.
Demand remains strong, while available rental properties are still well below long-term averages.
What’s Driving Rental Growth?
Low Vacancy Rates
Vacancy levels remain near historic lows, limiting options for tenants and increasing competition.
Population Growth
An influx of new residents continues to drive demand for rental properties across the metropolitan area.
Limited New Supply
Construction delays and reduced investor activity in previous years have contributed to the current shortage.
Impact on Tenants and Investors
Tenants are facing increased competition and rising costs, with many needing to act quickly when suitable properties become available.
For investors, however, conditions remain favourable, with strong rental yields and consistent demand supporting long-term returns.
What to Expect Next
While some moderation may occur, the rental market is expected to remain tight in the near term unless there is a significant increase in housing supply.
Sources
Please note the data provided in this article has been sourced from the below articles and all statistical information is based on the First Qtr of the year,
