Property prices, rents soar throughout regional Western Australia
While regional property prices nationally rose 5.9 per cent over the past year, major centres in Western Australia have clocked up double-digit gains, including two cities with more than 20 per cent price growth.
Geraldton is one of the hottest property markets in Australia. (Image source: Trabantos/Shutterstock.com)
Regional Western Australia, particularly the southern half of the state, is generating the sort of capital growth that belittles the rest of the country.
While the country’s combined regional markets have experienced annual price gains of 5.9 per cent and the national property market has climbed 3.7 per cent, Western Australian regional centres are delivering double-digit growth.
Among the hottest markets in Australia is Geraldton
, which has se…
