If you thought Perth was hot property, check out regional WA
Some cities in regional Western Australian are delivering quarterly property price growth that, if continued, would translate into annual price growth exceeding 20 per cent, and it's a similar story with rents.
As well as property prices, regional rents in town such as Albany (pictured) are soaring and making it difficult for key workers to cope financially. (Image source: Shutterstock.com)
Bunbury was the top performing regional centre in Western Australia for the March 2024 quarter, according to the latest data from REIWA.
Its median house price rose 5.9 per cent to $487,000, up from $460,000 in the December quarter.
REIWA President Joe White said there was strong activity across all price points in the Bunbury
regional centre, but the market was particularly competitive for houses priced around $600,000.“Bunbury is attracting…
