As of 2026, houses in Perth are no longer cheap by Australian standards, with a normal detached house costing about A$920,000, or about US$645,000 and €560,000, while the strongest family suburbs and western coastal areas cost much more.
[VARIABLE INTRO GREEN HTML] [VARIABLE COVER HTML]We constantly update this blog post so the Perth house price numbers stay close to the latest available market data.
This guide focuses only on houses in Perth, not apartments, units or commercial property.
It is written for foreign buyers who want simple, practical numbers before looking at Perth houses for sale.
And if you’re planning to buy a property in this place, you may want to download our pack covering the real estate market in Perth.
How much do houses cost in Perth as of 2026?
What's the median and average house price in Perth as of 2026?
As of 2026, the median house price in Perth is about A$920,000, which is about US$645,000 and €560,000, while a practical average house price in Perth is closer to A$1.15 million to A$1.25 million, or about US$805,000 to US$875,000 and €700,000 to €760,000.
For most buyers, the typical house price range in Perth in 2026 is roughly A$650,000 to A$1.8 million, or about US$455,000 to US$1.26 million and €395,000 to €1.1 million, because this range covers many outer, middle-ring and normal family houses.
The median and average house prices in Perth differ because expensive river and beach suburbs such as Peppermint Grove, Dalkeith, Cottesloe, City Beach and Swanbourne pull the average upward, while the median better reflects the normal Perth house buyer.
At the Perth median house price in 2026, a buyer can usually expect an older 3-bedroom or 4-bedroom detached house in an outer or middle-ring suburb, not a renovated coastal home or a large western-suburbs property.
What's the cheapest livable house budget in Perth as of 2026?
As of 2026, the cheapest realistic livable house budget in Perth is about A$620,000 to A$700,000, which is about US$435,000 to US$490,000 and €380,000 to €430,000.
At this entry-level Perth house price, livable usually means an older detached house that can be lived in immediately, but it may have basic finishes, dated kitchens, older bathrooms, simple air-conditioning and repairs to plan after settlement.
The cheapest livable houses in Perth in 2026 are usually found in Medina, Orelia, Calista, Parmelia, Armadale, Camillo, Kelmscott, Gosnells, Brookdale and parts of Kwinana.
[VARIABLE WHAT YOU CAN GET BUDGET]This budget is still tight because good entry-level houses in Perth often sell quickly, especially when the block is usable and the house does not need major repairs.
How much do 2 and 3-bedroom houses cost in Perth as of 2026?
As of 2026, a 2-bedroom house in Perth costs about A$800,000 to A$950,000, or about US$560,000 to US$665,000 and €490,000 to €580,000, while a 3-bedroom house in Perth costs about A$800,000 to A$1 million, or about US$560,000 to US$700,000 and €490,000 to €610,000.
A realistic 2-bedroom house price range in Perth in 2026 is about A$650,000 to A$1.3 million, or about US$455,000 to US$910,000 and €395,000 to €790,000, because many 2-bedroom houses are inner cottages, villas or small-lot homes.
A realistic 3-bedroom house price range in Perth in 2026 is about A$620,000 to A$1.5 million, or about US$435,000 to US$1.05 million and €380,000 to €915,000, depending heavily on suburb, land size and renovation quality.
The move from a 2-bedroom to a 3-bedroom house in Perth does not always create a clean premium, because 2-bedroom houses are often in expensive inner suburbs while 3-bedroom houses are the standard family product across cheaper outer suburbs.
How much do 4-bedroom houses cost in Perth as of 2026?
As of 2026, a 4-bedroom house in Perth typically costs about A$995,000 to A$1.1 million, which is about US$700,000 to US$770,000 and €605,000 to €670,000.
A realistic 5-bedroom house price range in Perth in 2026 is about A$1.25 million to A$2 million in normal family suburbs, or about US$875,000 to US$1.4 million and €760,000 to €1.22 million.
A realistic 6-bedroom house price range in Perth in 2026 is about A$1.6 million to A$3 million in large family suburbs, or about US$1.12 million to US$2.1 million and €975,000 to €1.83 million, with premium western-suburbs homes often far above this range.
Please note that we give much more detailed data in our pack about the property market in Perth.
How much do new-build houses cost in Perth as of 2026?
As of 2026, a new-build house in Perth usually costs about A$740,000 to A$950,000 in outer growth corridors, or about US$520,000 to US$665,000 and €450,000 to €580,000.
Compared with older resale houses in Perth, a new-build house can be around 0% to 15% cheaper in far outer estates, but it can be 20% to 50% more expensive when the new build is an infill house in a better-located Perth suburb.
This split matters because new Perth house-and-land packages are often cheaper mainly because the land is smaller, newer suburbs are farther out, and advertised package prices may exclude landscaping, fencing, upgrades and site costs.
How much do houses with land cost in Perth as of 2026?
As of 2026, a normal Perth house with a usable suburban block usually costs about A$800,000 to A$1.3 million, or about US$560,000 to US$910,000 and €490,000 to €790,000.
In Perth, a house with land usually means a detached house on roughly 500 to 800 square metres, although older suburbs can have larger blocks and newer estates often have smaller blocks closer to 300 to 450 square metres.
[VARIABLE HOW MUCH LAND]The unique Perth point is that land size still matters a lot, because buyers pay extra for subdivision potential, school catchments, beach access, river access and older full-size blocks that are becoming harder to find.
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Where are houses cheapest and most expensive in Perth as of 2026?
Which neighborhoods have the lowest house prices in Perth as of 2026?
As of 2026, the lowest house prices in Perth are usually in Medina, Orelia, Calista, Parmelia, Armadale, Camillo, Kelmscott, Gosnells, Brookdale and Hilbert.
In these cheaper Perth suburbs, a basic livable house usually costs about A$620,000 to A$750,000, or about US$435,000 to US$525,000 and €380,000 to €460,000.
These Perth neighborhoods are cheaper mainly because they sit farther from the western beaches, the Swan River premium belt and the highest-income school zones, while many homes are older and need more maintenance.
Which neighborhoods have the highest house prices in Perth as of 2026?
As of 2026, the three highest-priced Perth house neighborhoods are usually Peppermint Grove, Dalkeith and Cottesloe, with City Beach and Swanbourne also among the most expensive areas.
In these premium Perth suburbs, typical houses often cost about A$3 million to A$7 million+, or about US$2.1 million to US$4.9 million+ and €1.83 million to €4.27 million+.
These neighborhoods command the highest house prices in Perth because they combine scarce land, Swan River or Indian Ocean access, elite private schools, strong local wealth and very limited replacement supply.
The typical buyer in these premium Perth neighborhoods is often a high-income local family, business owner, resources-sector executive, returning expatriate or international buyer focused on lifestyle and long-term land value.
How much do houses cost near the city center in Perth as of 2026?
As of 2026, a house near Perth city center, including Northbridge, Highgate, East Perth fringe, Mount Lawley, North Perth, Leederville, West Leederville and Subiaco, usually costs about A$1.1 million to A$2.5 million, or about US$770,000 to US$1.75 million and €670,000 to €1.53 million.
Near major Perth transit hubs, houses can cost about A$750,000 to A$1 million around cheaper south-east stations such as Cannington and Beckenham, and about A$1.5 million to A$4 million+ near western-line hubs such as Subiaco, West Leederville and Cottesloe.
Near top Perth schools such as Shenton College, Rossmoyne Senior High School, Churchlands Senior High School and Applecross Senior High School, houses usually cost about A$1.2 million to A$3 million+, or about US$840,000 to US$2.1 million+ and €730,000 to €1.83 million+.
In expat-popular Perth areas such as Cottesloe, Swanbourne, City Beach, Subiaco, Leederville, Mount Lawley, South Perth, Como, Applecross, Fremantle and Hillarys, houses usually cost about A$1.2 million to A$5 million+, or about US$840,000 to US$3.5 million+ and €730,000 to €3.05 million+.
[VARIABLE EXPAT GUIDE]How much do houses cost in the suburbs in Perth as of 2026?
As of 2026, a house in the suburbs of Perth usually costs about A$700,000 to A$1.4 million, or about US$490,000 to US$980,000 and €430,000 to €855,000.
Compared with houses near Perth city center, suburban houses are often about 20% to 45% cheaper, although school-zone suburbs, beach suburbs and river suburbs can be more expensive than inner-city areas.
The most popular Perth suburbs for house buyers include Baldivis, Byford, Alkimos, Ellenbrook, Brabham, Morley, Bayswater, Dianella, Willetton, Bull Creek, Rossmoyne and Canning Vale.
What areas in Perth are improving and still affordable as of 2026?
As of 2026, the best improving but still affordable Perth areas for house buyers include Armadale, Kelmscott, Gosnells, Beckenham, Cannington, Medina, Orelia, Parmelia, Yanchep, Alkimos, Eglinton, Brabham, Henley Brook, Byford, Hilbert and Haynes.
In these improving Perth areas, a typical house often costs about A$650,000 to A$900,000, or about US$455,000 to US$630,000 and €395,000 to €550,000.
The main sign of improvement is not just low price growth, but better rail access, new estates, retail upgrades, population growth and spillover demand from buyers priced out of more established Perth suburbs.
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What extra costs should I budget for a house in Perth right now?
What are typical buyer closing costs for houses in Perth right now?
For a foreign buyer purchasing a house in Perth right now, typical closing costs are often about 11% to 13% of the purchase price, while an Australian citizen or permanent resident may be closer to 4% to 5%.
On a A$920,000 Perth house, the main closing costs are about A$38,500 in standard transfer duty, about A$64,000 in foreign buyer duty, A$1,200 to A$2,500 for settlement, A$500 to A$900 for building and pest checks, and several thousand dollars for FIRB if required.
The largest closing cost for a foreign house buyer in Perth is usually the 7% WA foreign buyer duty surcharge, because it is charged on top of standard transfer duty.
We cover all these costs and what are the strategies to minimize them in our property pack about Perth.
How much are property taxes on houses in Perth right now?
A typical annual property-tax and council-rates budget for a house in Perth is about A$1,800 to A$3,500, or about US$1,260 to US$2,450 and €1,100 to €2,140.
Property tax for houses in Perth is mainly charged through local council rates based on gross rental value, plus the Emergency Services Levy, while WA land tax may apply to investment properties but not usually to a principal place of residence.
[VARIABLE PROPERTY TAXES FEES]This means a foreign buyer should check the exact council before buying, because a house in City of Perth, Nedlands, Stirling, Cottesloe, Melville, Armadale or Kwinana can have different annual charges.
How much is home insurance for a house in Perth right now?
A normal house in Perth usually costs about A$1,800 to A$3,500 per year to insure, which is about US$1,260 to US$2,450 and €1,100 to €2,140.
The main factors that affect Perth home insurance premiums are rebuild value, age of the house, roof condition, proximity to bushfire-prone areas, storm exposure, coastal exposure, security and whether the house has a pool or expensive improvements.
Insurance can be much higher for large western-suburbs houses because the rebuild cost is high, even when most of the purchase price is really land value.
What are typical utility costs for a house in Perth right now?
A typical house in Perth costs about A$330 to A$540 per month for electricity, gas, water and internet, or about US$230 to US$380 and €200 to €330 per month.
A normal monthly breakdown for a Perth house is about A$150 to A$265 for electricity, A$35 to A$75 for gas, A$100 to A$165 for water and wastewater, and A$75 to A$100 for internet.
Large Perth family houses with pools, heavy air-conditioning, reticulated gardens and older appliances can cost more than A$580 per month, especially during hot summer periods.
What are common hidden costs when buying a house in Perth right now?
Common hidden costs for Perth house buyers often total about A$10,000 to A$30,000 after purchase, or about US$7,000 to US$21,000 and €6,100 to €18,300, especially for older detached houses.
Typical inspection fees in Perth are about A$350 to A$600 for a building inspection, A$250 to A$400 for a pest or termite inspection, A$200 to A$400 for a pool inspection and A$300 to A$600 for a plumbing or sewer check.
Other common hidden costs in Perth include settlement adjustments for rates and water, urgent repairs, roof and gutter work, air-conditioning replacement, reticulation repairs, fencing, bore issues and termite treatment.
The hidden cost that surprises first-time house buyers in Perth the most is often air-conditioning or reticulation, because a hot summer and a large garden can turn a small defect into a large bill.
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What do locals and expats say about the market in Perth as of 2026?
Do people think houses are overpriced in Perth as of 2026?
As of 2026, many locals and expats think houses in Perth are overpriced, mainly because Perth moved very quickly from a relatively affordable capital city to a market where normal family houses are close to or above A$1 million.
Good Perth houses often sell within days or a few weeks when priced correctly, while prestige houses may take longer because many are sold through expressions of interest, private negotiation or off-market channels.
The main reason buyers feel Perth house prices are too high is that wages and borrowing power have not kept up with the speed of price growth, especially in suburbs that were considered affordable only a few years ago.
Compared with one or two years ago, sentiment in Perth is more frustrated and more cautious, because buyers can still see strong demand but also feel that the easiest value gains have already happened.
[VARIABLE REAL ESTATE MARKET]Are prices still rising or cooling in Perth as of 2026?
As of 2026, house prices in Perth are still rising, but the pace looks stretched because affordability is becoming harder for both local and foreign buyers.
The estimated year-over-year house price change in Perth is about 25% to 26% in the latest available Cotality-style market readings, which is very strong for a major Australian capital city.
Over the next 6 to 12 months, experts and local market watchers generally expect Perth house prices to keep rising if listings stay tight, but they also expect slower growth if buyer fatigue, interest rates and affordability pressure increase.
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What sources have we used to write this blog article?
Whether it’s in our blog articles or the market analyses included in our property pack about Perth, we always rely on the strongest methodology we can … and we don’t throw out numbers at random.
We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why this source matters | How we used it |
|---|---|---|
| REIWA Perth Metro market data | REIWA is Western Australia’s main real estate institute. | We used it for Perth median house prices, sales context and rental market pressure. We treated it as the main transaction-based source for Perth houses. |
| Cotality Home Value Index | Cotality is a major Australian property index provider. | We used it to cross-check Perth house values and annual growth. We used the June 2026 release because it matches the writing period. |
| Cotality methodology page | It explains the hedonic index method clearly. | We used it to understand how index values differ from sales medians. We avoided mixing the two without explanation. |
| Housing Data Dashboard | It is an Australian Government housing data portal. | We used it as a public cross-check for property-value framing. We treated it as a secondary source, not the main Perth suburb source. |
| REIWA Dalkeith | It gives current suburb-level market data. | We used it for premium western-suburbs pricing. We used Dalkeith as a river and Golden Triangle example. |
| REIWA Peppermint Grove | It covers one of Perth’s top prestige suburbs. | We used it for the very top end of Perth house prices. We treated Peppermint Grove separately because the suburb is small and unusually expensive. |
| REIWA Cottesloe | It tracks a key Perth beach suburb. | We used it to show the coastal premium in Perth. We compared Cottesloe with the wider Perth house median. |
| REIWA Medina | It shows pricing in a cheaper detached-house suburb. | We used it for entry-level house pricing. We included Medina so the article does not only discuss expensive suburbs. |
| RevenueWA transfer duty | It is the official WA transfer duty source. | We used it for stamp duty and buyer closing-cost estimates. We applied the duty logic to a rounded Perth median house budget. |
| WA foreign buyers duty | It is the official foreign-buyer duty source. | We used it for the 7% foreign buyer surcharge. We highlighted it because it is usually the largest extra cost for foreign buyers. |
| City of Perth rates | It is an official local council source. | We used it for rates and Emergency Services Levy context. We explained that other Perth councils can charge different amounts. |
| Synergy electricity tariffs | Synergy supplies regulated electricity tariffs in Perth. | We used it for electricity-cost context in detached houses. We combined it with water and usage assumptions to estimate utilities. |
| Water Corporation charges | Water Corporation is WA’s official water utility. | We used it for water, wastewater and service-charge context. We included it because Perth houses often have gardens and higher water needs. |