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‘Unsustainable’: Perth on Track to Become Second Most Expensive Capital to Buy a House

Cotality says Perth’s median house price reached $1.01 million as advertised stock sits 40% below average and population growth keeps demand high.

Summary by The Age
If the trend continues, Perth is on track to overtake Brisbane ($1.1 million), and become the second most expensive city in the nation to buy a house, after Sydney ($1.29 million).

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  • 67% of the sources lean Left
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Sydney Morning Herald broke the news in Sydney, Australia on Tuesday, March 31, 2026.
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