Off-Market Properties Perth

Off-Market Properties
in Perth

Listings in Perth are up 164.8% on last September. Vendors who had a queue of buyers a year ago are now happy to deal with one serious buyer the agent already knows. Tenants are still easy to find, with vacancy at 0.61%.

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Off-Market After Perth’s Peak

REIWA counted 7,755 homes for sale in the week to 20 September 2026. Homes took a median 24 days to sell in the September quarter, up from 9 in the March quarter. Cotality has Perth 3.2% below its April 2026 peak at 31 August.

Through the run-up there was almost nothing to buy. Cotality now counts Perth among the capitals where sales are down more than 20% on a year ago. A vendor who listed into the slowdown is keen to hear from a buyer with finance ready.

Asking rents rose 5.0% over the year. Vacancy was 0.61% in September 2026, down from 0.70% a year earlier. Of the five biggest capitals, only Adelaide was tighter, at 0.60%.

We've bought 300+ investment properties for clients, 86% of them off-market. The Perth agents we buy through know to call us first about a tenanted house with the rent already set.

Perth city skyline across the Swan River from Perth Stadium, with East Perth homes in the foreground
Perth's skyline over the Swan River and Claisebrook Cove, seen from Perth Stadium. Photo: Calistemon, CC BY-SA 4.0, via Wikimedia Commons

What Off-Market Looks Like in Perth

01

Testing the Price Before a Campaign

Some vendors want to see what the market will pay before committing to a full campaign. The agent shops the house to their buyer database first. If an offer lands close to the vendor's price, they take it.

02

Fast Sales in Midland and Balga

Midland houses sold in 13 days over the year to August 2026 on REIWA's count, Balga in 17. Pre-market, the agent's own buyers hear about a house up to a week before the campaign. In suburbs selling this fast, we make our offer early.

03

Pricing Off the Suburb Median

Cotality's Rockingham area median was $901,396 at 31 August 2026, $41,396 above the suburb's own house median of $860,000. We price from the suburb's own sales.

Where We Buy Off-Market in Perth

We track six suburbs across Perth's affordable corridor, from Rockingham in the south to Beechboro in the north east. Their median house prices run from $695,000 to $867,000, with gross yields of 3.93% to 4.86%.

Midland 6056

Midland has the lowest median and the highest gross yield of the six. Houses there sold fastest, in 13 days. It also had one of the two smallest sale counts, at 144.

  • Median house: $695,000
  • Gross yield: 4.86% at $650/wk
  • Sales: 144, 13 days on market
  • Vacancy: 0.67%

Gosnells 6110

Gosnells had the most sales of the six, at 339. Vacancy there was 0.42% in August 2026.

  • Median house: $760,000
  • Gross yield: 4.48% at $655/wk
  • Sales: 339, 22 days on market
  • Vacancy: 0.42%

Balga 6061

Balga has the second lowest vacancy of the six, at 0.39%, and rents of $700 a week.

  • Median house: $780,000
  • Gross yield: 4.67% at $700/wk
  • Sales: 274, 17 days on market
  • Vacancy: 0.39%

Armadale, Rockingham and Beechboro complete the six on the Perth buyers agent page. Mandurah has its own page. Our guide to the best suburbs to invest in Perth has the corridor-by-corridor numbers.

Medians and sales are CoreLogic via Your Investment Property to 30 June 2026 and REIWA to August 2026, taking the pair that gives the lower yield. Rents are to 31 August 2026. Gross yield is weekly rent times 52, divided by the median. Days on market are REIWA's. Vacancy is SQM Research, August 2026 for the suburbs and September 2026 for the city. Asking rents are SQM Research for the 30 days to 12 October 2026. Cotality's area medians are at 31 August 2026.

How We Find Off-Market Properties in Perth

We buy Perth for clients in WA, in other states and overseas. We attend the inspections and deal with the selling agent for you. Selling agents call us first because we buy constantly.

Perth's economy leans on resources, which helps in a mining boom and hurts in a downturn. The cash rate is 4.60% after four rises in 2026. We pay what today's rent supports and don't price in a repeat of last year's 15.6% growth.

We pass on suburbs where a handful of sales set the median. New house-and-land stock is out too, since you compete with the builder on the next block when you sell.

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Related Resources

Buyers Agent Perth
All six corridor suburbs, fees and the process.
Off-Market Properties in Australia
The national guide to quiet sales.
Perth Property Market 2026
Listings, values off the April peak, and rents.
Best Suburbs to Invest in Perth
The corridor, suburb by suburb.

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Off-Market in Perth: Questions

Can I see a list of off-market properties in Perth? +

No. An off-market property is offered by the selling agent to a few buyers before it is advertised, so there is no public list to browse. Australian Property Experts shows clients the Perth properties that fit their brief, each priced off the suburb's own recent sales.

How do I find off-market properties in Perth? +

Perth off-market properties come through selling agents in each suburb, who ring buyers who have bought from them before, ahead of a listing going live. An investor can build that standing by buying repeatedly from the same agents, or engage a buyers agent who already has it. Australian Property Experts buys across Perth's affordable corridor and regional WA. Across the agency, 86% of client purchases are sourced off-market.

Is off-market still worth chasing in Perth now that listings are up? +

Yes. With 7,755 homes for sale in the week to 20 September 2026 and a median 24 days to sell in the September quarter, vendors are more willing to negotiate. A private offer with finance behind it gets taken seriously. The price is still tested against the suburb's own recent sales.

Which Perth suburbs does Australian Property Experts buy off-market in? +

Six corridor suburbs between $695,000 and $867,000: Midland, Armadale, Gosnells, Balga, Rockingham and Beechboro. Mandurah is treated as its own market, and the agency also buys in Bunbury and Geraldton.

Are off-market properties in Perth cheaper? +

Not by a fixed margin. A private sale removes the open-home competition, and the vendor usually accepts a fair price for certainty. The price still has to be checked against the suburb's own recent sales. Cotality's $901,396 median for the Rockingham area, for example, sits well above the suburb's own $860,000. On average, Australian Property Experts clients have paid $22k below market value.

Do developers or selling agents pay Australian Property Experts? +

No. The buyer pays one flat fee, and no developer, project marketer or selling agent pays the agency anything.

How long does it take to buy off-market in Perth? +

Clients typically secure a property 1 to 8 weeks after engaging Australian Property Experts. Engagement to settlement in Perth is usually 6 to 12 weeks, depending on market conditions and finance approval.

Can I buy an off-market property in Perth from interstate? +

Yes. Australian Property Experts buys Perth property for clients in other states and overseas. The agency's buyers agents attend the inspections and hold the relationship with the selling agent. They run building and pest, the comparable sales and the rental appraisal before any decision, and coordinate the contract through to settlement.

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