Perth Market Report
Perth is a thriving city with a strong economy, stunning beaches, and a growing short-term rental market.
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Perth City Profile
One of Perth's most striking features is its stunning coastline, which boasts pristine white sand beaches, crystal-clear waters and some of the best surfing spots in Australia. Its strong economy and thriving business community makes the city an attractive location for short-term rental owners.
Our Capital Markets reports aim to provide a transparent view of the short-term rental market in Perth on a month-to-month basis. We take in large sets of data and translate it into actionable insights for hosts, free of charge.
This report offers insight into the market conditions for February 2025, based on how the local Perth market performed in January 2025.
January 2025 Summary
Nightly Rates increased in January 2025 by 0.01% to $246.07, and hosts saw higher occupancy rates at 86.34% across 4,369 listings.
Hosts averaged $1,541.11 per week, yielding 2.30x the annualised average of $669.00 for long-term rentals in Perth.
Metric | January 2025 | December 2024 | Difference | Change |
---|---|---|---|---|
Market Revenue | $28,856,162.41 | $27,882,468.89 | $973,693.52 | +3.49% |
Monthly Revenue | $6,605.43 | $6,274.43 | $331.00 | +5.28% |
Nightly Rate | $246.07 | $246.05 | $0.03 | +0.01% |
Occupancy Rate | 86.34% | 82.02% | 4.32% | +5.26% |
Weekly Revenue | $1,541.11 | $1,463.91 | $77.20 | +5.27% |
Yearly Revenue | $80,363.27 | $76,337.29 | $4,025.98 | +5.27% |
Listings & Hosts
Metric | January 2025 | December 2024 | Difference | Change |
---|---|---|---|---|
Entire Homes | 3,275 | 3,312 | -37 | -1.11% |
Hosts | 2,210 | 2,247 | -38 | -1.67% |
Hotel Rooms | 14 | 18 | -4 | -21.05% |
Listings | 4,369 | 4,444 | -75 | -1.69% |
Private Rooms | 1,070 | 1,103 | -33 | -2.97% |
Shared Rooms | 9 | 11 | -2 | -18.18% |