WA Property Market Predictions 2026

The Outlook for WA in 2026

Western Australia’s property market continues to show resilience into 2026. Population growth, low vacancy, and strong employment remain the key drivers. Albany follows suit, with consistent buyer demand and tight rental supply helping to support prices. As Elders Real Estate Albany continues to see, well-presented homes with realistic pricing are still selling quickly.

Price Trends Across WA

House prices across WA are forecast to rise modestly through 2026, particularly in lifestyle regions like Albany, Busselton, and Margaret River. Perth’s outer suburbs may see slower growth due to affordability limits, while regional areas continue to attract professionals and families looking for quality of life and value.

✔️ Albany and Great Southern homes between $500k–$900k remain in high demand.
✔️ Properties with energy efficiency upgrades are increasingly appealing.
✔️ Demand for coastal and lifestyle property continues to strengthen.

Rental Market, Yields, and Vacancy

Vacancy rates remain near record lows across WA. Albany’s rental market continues to show competitive yields, with well-kept homes attracting multiple applications within days. Investors are drawn to stable returns and low tenant turnover.

✔️ Quality rentals see minimal vacancy between leases.
✔️ Long-term tenants prefer properties with warmth, storage, and fenced yards.
✔️ Rents are expected to increase 3–5% through 2026 in Albany 6330.

Building Approvals and Supply

Building approvals across WA remain below the long-term average. High construction costs and labour shortages continue to slow supply. For sellers, this creates opportunity: fewer new builds mean stronger competition for existing homes.

✔️ Buyers value established homes with clean finishes and move-in readiness.
✔️ Homes on larger blocks or with sheds remain especially popular in Albany.
✔️ Builders report steady demand but longer delivery times.

Interest Rates and Buyer Confidence

Interest rates appear to have stabilised, allowing more confident borrowing. First home buyers and upgraders are re-entering the market as lenders compete with sharper fixed and variable products. Buyer activity is expected to improve slightly in the second half of 2026.

Albany 6330 Snapshot

Albany continues to perform as one of WA’s most stable regional property markets. Strong employment, schools, and lifestyle appeal attract families and retirees alike. Buyers are still prioritising light, warmth, and practicality over size or luxury.

✔️ Family homes under $700,000 move quickly.
✔️ Lifestyle blocks near Elleker and Kalgan attract Perth relocators.
✔️ Well-presented homes in McKail and Yakamia remain hotly contested.

For Sellers: Timing and Strategy

Albany sellers who focus on presentation and pricing will continue to achieve strong results. 2026 rewards well-prepared campaigns that build competition and urgency early. With limited supply, polished listings can outperform the market average by a wide margin.

The Long-Term View

Looking beyond 2026, Albany and regional WA remain well positioned. Solid population growth, improving connectivity, and lifestyle appeal continue to attract steady interest. Local homeowners who maintain and market well will hold long-term value and outperform metro volatility.