WA's booming regional centres - and the mining town digging a hole
House prices are rising and properties are selling quicker than ever as rents increase all over regional Western Australia, but one major mining centre is slipping backwards after a huge boom period.
Rental yields in Port Hedland have inched upwards in the past year but that has come on the back of falling dwelling values while rents have remained stable. (Image source: Alex Cimbal/Shutterstock.com)
Western Australia’s significant rent price growth, relatively low house prices and the potential for strong yields have caught the eye of investors in recent years.
While a lot of interest has focused on Perth, Western Australia’s regional areas have also attracted attention.
This month, REIWA has looked at the performance of the major regional centres over the past year.
Median house sale price growth
Over the past year Geraldton was the top…
