Perth's median house price cracked $1 million in the March 2026 quarter. By June it slipped back to $977,000. 

That's a fall of about 2.3% from the peak, yet still around 4% above December. 

So is this a Perth property correction or not? In this episode I walk through what the data actually shows, suburb by suburb, and where the real cracks are forming.

You’ll hear the strongest house suburbs for the quarter and the pattern that links most of them. 

I look at why suburbs above $1.6 million grew slower than the middle of the market, and why buyer depth matters more as borrowing capacity tightens. 

Then I dig into units, where the spread is far wider. 

If you own, buy or invest in Perth real estate, this episode gives you the full picture.

In this episode, you'll learn:

✅ Why Perth's median house price hit $1 million in March and gave part of it back by June
✅ The Perthsuburbs that still grew 7% to 10% in a single quarter as the wider market cooled
✅ Why suburbs with medians above $1.6 million grew slower than the middle of the market
✅ The unit suburbs that surged more than 12% in one quarter, and the one that fell 6.2%
✅ The six to eight week lag built into settled sales data
✅ Four questions every Perth property owner should ask before assuming the last 12 months of growth means nothing’s changed.

Key moments:

00:00:00 Intro
00:03:00 Peak to June price drop
00:06:03 Top house suburb performers
00:09:40 Where houses went flat
00:12:40 Fringe suburbs lead units
00:16:20 The lag hiding the correction
00:19:40 Why cheaper holds up
00:23:20 Perth is a market of markets

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