WA's top-performing regional markets revealed - Smart Proper

WA's top-performing regional markets revealed - Smart Property Investment


WA’s top-performing regional markets revealed
By Maja Garaca Djurdjevic
11 February 2021
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1 minute read
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Regional Western Australia is booming, with price growth and soaring sales activity recorded in a majority of the nine centres, but consequently almost all regional markets are now in a state of rental undersupply.
Regional Western Australia is experiencing a real price boom, with as many as eight centres trumping December 2019 quarter house price growth figures in December 2020.
Moreover, seven of the nine centres experienced median house price growth from September to December 2020.
According to REIWA president Damian Collins, Port Hedland saw the biggest improvement, with the median price up 9.3 per cent on the quarter and 17 per cent on the year to $270,000.

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