Perth property prices fall 5.7% in three months as CBA predicts 18% plunge from peak
Single mother feels relief at easing market, but realtor warns optimism may be premature amid a housing shortage
Perth’s median dwelling price has dropped 5.7 per cent over the past three months, falling nearly $100,000 from its April peak, as Commonwealth Bank economists forecast a total decline of 18 per cent from that high before prices stabilise in the second half of 2027.