Original article by Julie-anne Sprague
The Australian Financial Review – Page: 6 : 5-Jan-17
House prices in Western Australia’s Pilbara region are unlikely to continue to decline. Hedland Property Shop MD Jim Henneberry says a recent increase in sales turnover suggests that the local real estate market is about to rebound, after several years of dramatic falls. The median house price in South Hedland fell 70 per cent in just four years, from $A850,000 to $A250,000.
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HEDLEY PROPERTY SHOP, SQM RESEARCH PTY LTD, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA