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The median rent for real estate in Perth has risen over the last three months, according to the Real Estate Institute of Western Australia (REIWA).
The three months to February saw median rents for metropolitan Perth increase by 4.4 per cent, rising from $450 to $470 - representing a $60 leap over a 12-month period.
Since January, apartments, units and villas have seen median rents grow from $420 to $450, while houses only experienced a $10 rise to $480.
REIWA president David Airey was surprised by the data, given that demand for rental properties had been subdued during the March quarter, when compared with the same three months in previous years.
He explained: "The vacancy rate has actually eased off a little, lifting from 1.9 per cent in December to two per cent currently, so it’s unusual to see rents going up at the same time as supply has improved.
"What the data might be indicating is that while there is a bit more stock around to choose from and demand from tenants has slowed, they are nonetheless choosing to pay a premium for those homes that are of better quality and in more preferred locations."
