What should your Perth property actually rent for?
A free rental appraisal from a REIWA award-winning property manager. An honest weekly figure built on properties that actually leased near yours, how long it should take, and what is worth doing before it goes to market.
Not a number plucked out of the air.
Plenty of agents will quote you a high figure to win the management, then quietly talk you down two weeks into a vacant listing. An appraisal is only useful if the number behind it is defensible.
A weekly rent range, with the evidence
Built on comparable properties recently leased near yours, not asking prices sitting stale on a portal. Asking prices tell you what someone hoped for. Leased comparables tell you what a tenant signed.
How long it should take to lease
An honest expectation of days on market at the recommended price, and how that changes if you push higher. Vacancy is the most expensive part of any year, and it is almost always a pricing decision.
What is worth doing first
Specific recommendations on presentation, repairs and small upgrades, with a view on what each should return. Where something is not worth doing, we say so. That is usually the more useful half.
Four steps, and none of them take long.
Send us the address
The form below, an email, or a phone call. The address alone is enough to start. If you have photos, a floorplan or the current lease details, they help, but nothing is essential.
We pull the comparable evidence
Recently leased properties near yours, matched on bedrooms, bathrooms, parking, land size and condition. This is the part that takes the work, and it is the part that makes the number defensible.
Desktop or on-site, your choice
A desktop appraisal usually comes back within one business day. If you would rather we walked through the property, we will arrange a visit within two to three business days and send the written appraisal within 24 hours of the inspection.
You get the figure, and a conversation
A written appraisal with the range, the reasoning and the recommendations. Then a conversation if you want one. There is no obligation to proceed, and no lock-in contract if you do.
Where the market sits as at August 2026.
These are metro-wide medians. Your suburb, your street and your property's condition will move the number considerably in either direction, which is exactly why an appraisal is built on comparables near you rather than on a metro figure.
| Property type | Median weekly rent | By bedrooms |
|---|---|---|
| Houses, Perth metro | $750 | 2 bed $650 · 3 bed $720 · 4 bed $780 |
| Units, Perth metro | $700 | 1 bed $620 · 2 bed $700 · 3 bed $800 |
| Vacancy rate | 2.1% | June 2026. Was 2.0% in May and 2.7% a year earlier. REIWA considers 2.5 to 3.5% balanced |
| Rentals available | 2,164 | Week ending 2 August 2026. Down from 2,315 four weeks earlier and 2,330 a year ago |
Sources: Landgate and REIWA median rent data, 12 months to July 2026, last updated 4 August 2026. Vacancy rates from the reiwa.com rental vacancy rates survey, June 2026. Weekly listing counts from the REIWA Perth market snapshot, week ending 2 August 2026. Median figures are metro-wide and are revised as more transactions settle.
Supply has tightened slightly over the past month while sitting well below where it was a year ago, and vacancy remains under the balanced range. In practical terms a well-presented property priced to the evidence is still leasing quickly, while an overpriced one now sits noticeably longer than it would have two years ago. The gap between those two outcomes is almost always the asking price, not the market.
Why an online estimate is not an appraisal.
Automated estimates are a reasonable starting point and a poor basis for a decision. Here is the difference in plain terms.
Works from averages
- Built on broad suburb averages and public listing data
- Cannot see condition, presentation or recent renovations
- Cannot account for layout, aspect, parking or outdoor space
- Often uses asking prices rather than what actually leased
- No view on what to fix before listing, or what it would return
- Nobody is accountable for the number
Works from evidence
- Comparable properties that actually leased near yours, not asking prices
- Matched on bedrooms, bathrooms, parking, land size and condition
- Accounts for how your property presents, because someone has seen it
- Includes an expected time on market at the recommended price
- Specific recommendations before listing, and what each should return
- A licensed agent puts their name to it
Send the address. We will do the rest.
Most appraisals come back within one business day. If your property is tenanted, we can complete it without disturbing your tenant.
- Completely free, with no obligation to proceed
- No lock-in contract if you do decide to work with us
- An honest figure, not the highest one we can justify
- If we are not the right fit, we will say so and suggest someone who is
Rental appraisals, answered plainly.
Before you decide anything.
The live fee calculator
Enter your weekly rent and see your exact management fee, letting fee and what is included, in under a minute. No sign-up.
Run my numbers The full guideWhat a property manager actually does
The whole job set out properly, from leasing and screening through to inspections, compliance and trust accounting.
Read the guide Already managedSwitching agencies
How the handover runs, what your notice period really costs, and what we audit when your file arrives.
How switching worksA free appraisal, then a conversation.
No obligation. No lock-in. An honest figure for your property, the reasoning behind it, and a straight answer on whether we are the right fit.
General information for Western Australian property owners. It is not legal, tax or financial advice and should not be relied on as a substitute for professional advice tailored to your circumstances.
A rental appraisal is an opinion of the weekly rent a property is likely to achieve, based on comparable evidence available at the time. It is an estimate, not a guarantee of the rent achieved, and it is not a formal valuation and should not be used where a bank, court or other party requires one. Actual outcomes vary with presentation, condition, timing, seasonality and market movement.
Market figures on this page are sourced from Landgate and REIWA and were verified on 8 August 2026. Median rents cover the 12 months to July 2026 and are revised as more transactions settle. Vacancy rates are collated by REIWA from a member survey and are finalised two to three weeks after month end. Listing counts are a single week snapshot. Metro-wide medians can differ substantially from any individual suburb or property.
Our median days advertised figure reflects Local Property Partners managed listings on realestate.com.au over the trailing twelve months. Individual results vary by suburb, price point, property condition and season.
Rent increase intervals and notice requirements are governed by the Residential Tenancies Act 1987 (WA) and associated regulations, summarised here as at the date of publication. Services, fees and inclusions are confirmed in the REIWA form Management Agreement, which is the binding document.
Local Property Partners. Registered Agent RA85442. ABN 48 582 232 398.