Why Now Is the Smartest Time to Invest in a Perth Apartment
Perth’s rental market continues to operate at peak demand, creating a golden opportunity for Perth apartment investors.
The energy at weekend home opens is unmistakable, with eager renters arriving early, property managers collecting applications by the dozen, and savvy investors quietly noting the strong demand signals.
This vibrant growth in demand is reflected in the UDIA WA’s Urban Intelligence report for June 2025, which confirms market watchers have anecdotally observed vacancy rates for units at just 1.3 per cent and weekly rents climbing to $660, which is a nine per cent gain in just 12 months.
These figures represent a tight rental market and signal the city is transforming into a more sophisticated, diverse urban environment, where quality apartments are increasingly valued.
The momentum stems from Perth’s economic vitality and population growth. According to the Australian Bureau of Statistics, Western Australia added 13,980 new residents in the December 2024 quarter alone.
Professionals, families and entrepreneurs alike have been attracted by the perfect blend of opportunity and lifestyle Perth uniquely offers.
Each new arrival enriches our community while strengthening housing demand, particularly in well-located apartment precincts.
For investors, the timing couldn’t be better. Perth’s median unit price has appreciated 23.2 per cent year on year to $537,000. While it’s impressive growth, it still leaves apartments substantially more affordable than houses, which have a median of $770,000.
Apartments’ price point offers an accessible entry to Perth’s market while delivering stronger percentage returns than many alternative investments.
The investment community has recognised this opportunity. Investor loan commitments in WA have reached $3.11 billion – up 14.3 per cent year on year as buyers position themselves to benefit from both ongoing capital growth and exceptional rental yields.
Apartments are particularly well-positioned due to their alignment with evolving housing preferences.
The Urban Intelligence report highlights that WA is producing only half the apartment stock needed to meet projected demographic demand. This supply-demand imbalance is creating sustained upward pressure on both rents and values.
For aspiring homeowners, Perth apartments represent an increasingly attractive pathway to property ownership.
With weekly rents for units now averaging $660, the mortgage payment on many apartments becomes comparable to renting, with the crucial difference being that the payments build personal wealth, rather than someone else’s.
The ideal conditions have aligned: strong demand, rising rents, impressive capital growth and structural undersupply.
For investors seeking both income and appreciation potential, Perth apartments offer a compelling proposition.
If you’re interested in investing in a Perth apartment, look no further than Riverbank.
Any information or advice is intended to be of a general nature only and has been prepared without taking into account any person’s particular objectives, financial situation or needs. You should make your own enquiries and consider whether the advice is appropriate for you.
