REAL ESTATE – PRICES – WESTERN AUSTRALIA

Pilbara property crash could be over

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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.

CORPORATES
HEDLEY PROPERTY SHOP, SQM RESEARCH PTY LTD, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA

Outer suburbs join $1m club

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Original article by Shane Wright, Liam Croy
The West Australian – Page: 9 : 26-Aug-14

Nearly 50 suburbs in Perth have a median house price of at least $A1 million in 2014. RP Data-Rismark reported that the most expensive suburb was Peppermint Grove, with a median price of over $A3.7 million. Other expensive suburbs are Dalkieth, Cottesloe, City Beach, Applecross, Swanbourne and Mosman Park. However, the prices of houses in some suburbs on the outer fringes have increased. The median price for a house at Mariginiup is $A1.3 million

CORPORATES
RP DATA LIMITED, CORELOGIC AUSTRALIA PTY LTD, RISMARK INTERNATIONAL PTY LTD, PEARD AND ASSOCIATES REAL ESTATE