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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Our Services:
✅Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property  (https://www.investorsedge.com.au/invest-in-perth-property/)
✅Get clear on your current property’s outlook and the best strategy for you? Email Jarrad for your Strategic Property Review: jarrad@investorsedge.com.au 
✅For More on our Investment Buyers Agency to buy High Performing property: 
https://www.investorsedge.com.au/invest-in-perth-property/
✅For more on our Home Buying Service to a hassle free purchase and move:
https://www.investorsedge.com.au/home-buying/
✅For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind https://www.investorsedge.com.au/perth-property-management-specialists/
✅For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you https://www.investorsedge.com.au/selling-your-perth-property/

Tools & Insights:
✅Take our Property Investor Readiness Scorecard to uncover your blind spots and make smarter investment decisions before you buy: https://investorsedge.scoreapp.com/
✅Get your Rental Health Score now to ensure your Perth rental property is optimised for returns and sleeping well at night https://rentalhealth.scoreapp.com/ 
✅View upcoming property investor webinars, events, and networking sessions: https://www.investorsedge.com.au/events/ 
✅Get suburb intelligence reports and exclusive invites to our webinars, events, and workshops.  https://www.investorsedge.com.au/join 
✅Join the Perth Property Investment Facebook Group https://www.facebook.com/groups/perthpropertyinvestors

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Connect with Perth Property Insider:

https://www.youtube.com/channel/UCgT9-gB6RS69xSgc8J9KrOw
https://www.facebook.com/investorsedge

Perth's median house price cracked $1 million in the March 2026 quarter. By June it slipped back to $977,000.&nbsp;
That's a fall of about 2.3% from the peak, yet still around 4% above December.&nbsp;
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&rsquo;ll hear the strongest house suburbs for the quarter and the pattern that links most of them.&nbsp;
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.&nbsp;
Then I dig into units, where the spread is far wider.&nbsp;
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&rsquo;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
-
Our Services: ✅Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property &nbsp;(<a href="https://www.investorsedge.com.au/invest-in-perth-property/">https://www.investorsedge.com.au/invest-in-perth-property/</a>) ✅Get clear on your current property&rsquo;s outlook and the best strategy for you? Email Jarrad for your Strategic Property Review: <a href="mailto:jarrad@investorsedge.com.au">jarrad@investorsedge.com.au</a>&nbsp; ✅For More on our Investment Buyers Agency to buy High Performing property:&nbsp; <a href="https://www.investorsedge.com.au/invest-in-perth-property/">https://www.investorsedge.com.au/invest-in-perth-property/</a> ✅For more on our Home Buying Service to a hassle free purchase and move: <a href="https://www.investorsedge.com.au/home-buying/">https://www.investorsedge.com.au/home-buying/</a> ✅For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind <a href="https://www.investorsedge.com.au/perth-property-management-specialists/">https://www.investorsedge.com.au/perth-property-management-specialists/</a> ✅For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you <a href="https://www.investorsedge.com.au/selling-your-perth-property/">https://www.investorsedge.com.au/selling-your-perth-property/</a>
Tools &amp; Insights: ✅Take our Property Investor Readiness Scorecard to uncover your blind spots and make smarter investment decisions before you buy: <a href="https://investorsedge.scoreapp.com/">https://investorsedge.scoreapp.com/</a> ✅Get your Rental Health Score now to ensure your Perth rental property is optimised for returns and sleeping well at night <a href="https://rentalhealth.scoreapp.com/">https://rentalhealth.scoreapp.com/&nbsp;</a> ✅View upcoming property investor webinars, events, and networking sessions: <a href="https://www.investorsedge.com.au/events/">https://www.investorsedge.com.au/events/&nbsp;</a> ✅Get suburb intelligence reports and exclusive invites to our webinars, events, and workshops. &nbsp;<a href="https://www.investorsedge.com.au/join">https://www.investorsedge.com.au/join&nbsp;</a> ✅Join the Perth Property Investment Facebook Group <a href="https://www.facebook.com/groups/perthpropertyinvestors">https://www.facebook.com/groups/perthpropertyinvestors</a>
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Connect with Perth Property Insider:
<a href="https://www.youtube.com/channel/UCgT9-gB6RS69xSgc8J9KrOw">https://www.youtube.com/channel/UCgT9-gB6RS69xSgc8J9KrOw</a> <a href="https://www.facebook.com/investorsedge">https://www.facebook.com/investorsedge</a>

Jarrad Mahon is the go-to guy in property management and investment in Perth and the owner of Investors Edge Real Estate, giving you his insider view on the Perth market and the strategies needed for you to grow your wealth and improve your life. All you need to do is to stay tuned!

Perth Property Insider Podcast

Perth Property Insider gives property owners and investors straight-talking insights to make better property decisions.

Hosted by property investor, strategist and Investors Edge founder Jarrad Mahon, the podcast cuts through the noise with practical insights into the Perth property market, investing, buying, property management, portfolio strategy and selling.

Whether you’re considering your next investment, reviewing what you already own or simply trying to understand what the Perth market is doing, you’ll get the research, strategies and perspective to make informed decisions, build wealth and move forward with confidence.

Perth Property Insider gives property owners and investors straight-talking insights to make better property decisions.
Hosted by property investor, strategist and Investors Edge founder Jarrad Mahon, the podcast cuts through the noise with practical insights into the Perth property market, investing, buying, property management, portfolio strategy and selling.
Whether you&rsquo;re considering your next investment, reviewing what you already own or simply trying to understand what the Perth market is doing, you&rsquo;ll get the research, strategies and perspective to make informed decisions, build wealth and move forward with confidence.