WA Property Market Set for Major Unit Price Surge in 2026
The Western Australian property market is poised for a significant upswing, with new forecasts predicting substantial growth for unit prices in the coming year. According to an exclusive report from The West Australian, the Real Estate Institute of WA (REIWA) has released a detailed projection indicating that unit values across the state are expected to increase by a remarkable 20 per cent throughout 2026.
Strong Market Indicators Drive Optimistic Forecast
This forecast comes amid a period of robust economic activity and shifting housing demands in Western Australia. The REIWA analysis points to several key factors contributing to this anticipated surge, including population growth, increased investment in infrastructure, and a tightening supply of available units in desirable locations. Market experts suggest that these conditions are creating a perfect storm for price appreciation, particularly in urban centres and developing regions.
The 20 per cent jump represents one of the most substantial year-on-year increases forecast for the WA property market in recent memory. This growth is expected to outpace many other asset classes, making units an attractive option for both home buyers and investors looking to capitalise on the rising market. The forecast applies broadly across various unit types, from apartments in Perth's CBD to townhouses in suburban areas.
Implications for Buyers, Sellers, and the Broader Economy
For current unit owners, this forecast signals potential equity gains and improved property values. Sellers may find favourable conditions in the coming year, while buyers could face increased competition and higher purchase prices. The projected growth also has broader implications for the WA economy, potentially stimulating construction activity, real estate services, and related industries.
Real estate analysts note that while forecasts provide valuable guidance, market conditions can be influenced by numerous external factors including interest rate movements, government policy changes, and global economic trends. Prospective buyers and sellers are advised to consult with qualified professionals and consider their individual circumstances when making property decisions.
The REIWA forecast underscores Western Australia's ongoing economic resilience and the enduring appeal of its property market. As 2026 approaches, all eyes will be on whether these predictions materialise and how they shape the housing landscape across the state.
