Despite head coach Bert van Marwijk throwing on talented 19-year-old Daniel Arzani and veteran Tim Cahill to try and turn the game, Australia failed to muster a comeback as they finished bottom of Group C.
A stunning Andre Carrillo volley gave Peru their first World Cup goal in 36 years before captain Paolo Guerrero grabbed a second as the Andean nation condemned Australia to a 2-0 defeat in Sochi on Tuesday and an early exit from Russian Federation.
Stay tuned here for live updates and highlights of goals and key plays from throughout the match (refresh for most recent updates).
"In the next game against Australia, we want to give a victory to the fans of Peru who trust us a lot", he said.
Australia's best chance to score came in the 27th minute when Tom Rogic made a run through the Peru defence and had his shot saved by goalkeeper Pedro Gallese.
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Hired only for the World Cup and with his successor Graham Arnold already anointed, Van Marwijk was tasked with a rush-job for Russian Federation, given a handful of games to mould a modestly-resourced team into a competitive unit.
Talk of history and Peru's return to the World Cup after 36 years has embodied their journey, but perhaps in hailing the achievement of Ricardo Gareca's men in making it to the tournament, they forgot to perform once they got there.
Guerrero set up Watford winger Carrillo to volley in a fine goal from 16 yards, low into the far corner beyond the dive of Mathew Ryan, to become the first player to score for Peru at the World Cup since Guillermo La Rosa 36 years ago. The Australians ended up with one point after losing 2-1 to France and drawing 1-1 with Denmark. The last time was in its second match of the 1982 tournament, a 1-1 draw against Italy.
A training ground collision left Jefferson Farfan temporarily paralysed with the Peruvian attacker now a confirmed absentee for his side's final World Cup clash against Australia. Granted, Australia don't pose the same threat as their other group foes, but this looked more like the counter-attuned, wily Peru that got to the World Cup in the first place.
The Socceroos needed a win to stand any chance of reaching the last 16 for the first time since 2006, but they were undone by Carrillo´s 18th-minute strike and Guerrero´s goal early in the second half at the Fisht Stadium.