PINJARRA MARKET SNAPSHOT – MAY 2025

Pinjarra remains a sought-after regional centre with rising prices and steady rental yields. Although sales volumes have dropped, strong price growth and rental demand show the market is holding value well.

HOUSE PRICES RISING

The median house price rose 21.7% to $560,000, up from $309,500 five years ago. Unit prices increased to a median of $312,500, while land jumped 37% to $228,000.

SALES

There were 125 residential sales to May 2025, down 31% due to low stock rather than weak demand. Homes typically sold in under two weeks, indicating strong buyer interest.

LISTINGS

Only 8 properties were listed for sale at May’s end, reflecting tight supply and competitive conditions.

LAND

Land prices grew sharply by 37% to a median of $228,000, reflecting strong demand despite fewer sales.

RENTALS

Median house rent is $560 per week, up 1.8%. Leasing activity rose 12% with 56 properties rented. Rental listings remain tight with just 5 available. Most leases fall between $450 and $600 per week, with a median lease time of 21 days.