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Perth Home Values Fall by 0.8pc, Median Price Less than $1m

Cotality said the decline was broad-based, with only 3% of Perth suburbs holding value as higher rates and weak sentiment weighed on the market.

Summary by Business News
House prices in Perth fell for the first time in more than a year in the month of August, dropping to a median of less than $1 million, according to new data.

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Bias Distribution

  • 75% of the sources lean Left
75% Left

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Sydney Morning Herald broke the news in North Sydney, Australia on Monday, August 31, 2026.
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