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  • Property Market Indicators

    Property values (Median sale prices) June 2014 Quarter Change from 3 months ago Change from 12 months ago
    Houses, Established
    Perth Metropolitan $535,000 -2.7% 1.9%
    Mandurah - Murray $405,000 1.3% 3.8%
    Bunbury Urban Area $380,000 0.4% 4.1%
    Geraldton - Greenough $380,000 0.0% 0.0%
    Kalgoorlie - Boulder $340,000 -0.7% -1.4%
    Albany Urban Area $370,000 0.0% 5.6%
    Broome Urban Area $615,000 0.0% -8.2%
    Busselton Urban Area $440,000 0.9% 4.8%
    Esperance Urban Area $335,000 9.8% 15.5%
    Karratha Urban Area $682,500 0.4% -8.7%
    Northam $273,500 0.6% 6.2%
    Port Hedland Urban Area $803,500 -5.5% -13.1%
    Regional WA $380,000 0.0% 2.7%
    Multi-Residential
    Perth Metropolitan $441,000 0.7% 4.5%
    Land
    Perth Metropolitan $250,000 2.0% 5.3%
    Regional WA $170,000 0.6% 2.4%
    Rental Market June 2014 Quarter Change from 3 months ago Change from 12 months ago
    Perth Metropolitan - Median Weekly Rent $450 -2.2% -5.3%
    Perth Metropolitan - Vacancy Rate 4.1% 0.6% 1.0%
    Mandurah-Murray - Median Weekly Rent $380 0% 0%
    Mandurah-Murray - Vacancy Rate 6.9% 3.9% 4.7%
    Bunbury Urban Area - Median Weekly Rent $360 -2.2% 2.9%
    Bunbury Urban Area - Vacancy Rate 2.2% 0.4% -0.2%
    Geraldton-Greenough - Median Weekly Rent $350 -2.8% 0%
    Geraldton-Greenough - Vacancy Rate 5.7% 1.5% 2.8%
    Kalgoorlie-Boulder - Median Weekly Rent $330 -8.3% -19.5%
    Kalgoorlie-Boulder - Vacancy Rate 4.3% 0.7% -0.9%
    Albany Urban Area - Median Weekly Rent $330 3.1% 10%
    Albany Urban Area - Vacancy Rate 1.6% 0% 1.0%
    Busselton Urban Area - Median Weekly Rent $390 -0.8% 8.3%
    Broome Urban Area - Median Weekly Rent $600 0% -17.8%
    Broome Urban Area - Vacancy Rate 0% 0% 0%
    1. Median prices and sales of properties are derived from Landgate data - Excludes properties > 1 Ha.
    2. Rental data obtained from surveys of REIWA members.