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Random freezes, missing sound and display glitches usually trace back to one bad driver. Find and replace yours safely.Free scan · under a minuteIn December 2024, Domain forecast that Perth house prices would rise 8–10% during 2025, compared with 4–6% nationally. The year-end figures were stronger, though the reported results differ by source: REIWA recorded 13.3% growth in its median house sale-price measure, while Domain reported 18.4% annual growth in its separate median house-price series.
What Domain predicted for Perth house prices in 2025
Domain’s forecast, reported by Australian Associated Press (AAP) and published by PerthNow on 5 December 2024, put Perth house-price growth at 8–10% for calendar 2025. It was a forecast made in 2024, not a current outlook.
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The forecast placed Perth among the strongest-growing capital-city markets. Domain’s projected ranges were:
| Market | Forecast growth during 2025 |
|---|---|
| Perth houses | 8–10% (Domain, 2024) |
| Adelaide houses | 7–9% (Domain, 2024) |
| Brisbane houses | 5–7% (Domain, 2024) |
| Australian houses | 4–6% (Domain, 2024) |
Read the PerthNow/AAP report published 5 December 2024.
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Why Domain expected prices to rise
Domain chief of research and economics Nicola Powell pointed to housing undersupply and tight rental markets as factors supporting growth in Perth and other smaller capitals. The report also said Powell expected interest-rate cuts to begin around mid-2025, potentially lifting demand in the second half.
These were the assumptions behind the forecast, not guarantees. The later price increases do not establish that any single factor caused them. Powell described the pressure this way: “We’re caught between high interest rates and an undersupply of housing … and that undersupply isn’t going to be fixed by 2025.”
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How Perth prices changed during 2025
REIWA reported that Perth’s median house sale price rose from $750,000 at the end of 2024 to $850,000 in December 2025, a 13.3% increase. REIWA says its annual median sale price is based on settled sales.
Domain reported a different result from its own series: a median house price of $1,087,762 in December 2025 and annual growth of 18.4%. These are separate measures from separate publishers; do not combine one source’s percentage with the other’s dollar figure or average the results.
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| Publisher and measure | Reported 2025 result |
|---|---|
| REIWA median house sale price, based on settled sales | Up 13.3%, from $750,000 at end-2024 to $850,000 in December 2025 |
| Domain median house-price series | $1,087,762 in December 2025; annual growth of 18.4% |
See REIWA’s 2025 market reporting and Domain’s December 2025 house-price report. On REIWA’s settled-sale measure, growth exceeded Domain’s earlier 8–10% forecast range. Both publishers reported substantial growth, but their figures are not directly interchangeable.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.How to read the forecast against the outcome
- Keep the dates straight. The 8–10% figure was Domain’s December 2024 prediction for calendar 2025. It is not a forecast for the present market.
- Keep the measure attached. REIWA’s result refers to its median price for settled house sales; Domain reports a separate median house-price series.
- Compare like with like. A meaningful comparison needs the same publisher’s series and a consistent period, property type, geography and price measure.
The AAP report also said Perth house prices had risen by more than 20% in the 12 months before its 5 December 2024 publication. That figure describes the preceding year, not the result for calendar 2025.
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