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Property Research




Property Market Indicators



Property values (Median sale prices) Mar Qtr 2009 Change from 3 months ago Change from 12 months ago
Houses, Established
Perth Metropolitan Area $430,000 2.4% -7.5%
Albany $370,000 2.8% -15.4%
Broome $610,000 -0.4% -17.6%
Bunbury, Greater $350,000 6.1% -6.0%
Busselton $470,000 17.5% -6.0%
Esperance $355,000 -0.7% -11.3%
Geraldton - Greenough $350,000 4.5% -5.4%
Kalgoorlie Boulder $325,000 1.6% -5.8%
Karratha $616,500 -8.0% -14.6%
Mandurah - Murray $377,500 0.7% -14.2%
Northam $245,000 0.0% -5.8%
Port Hedland $605,000 12.0% 11.4%
Regional WA $350,000 2.9% -9.1%
Units/Apartments
Perth $348,500 1.8% -7.1%
Land
Perth $230,000 4.5% -8.0%
Regional WA $155,000 1.3% -18.0%

Rental Market Mar Qtr 2009 Change from 3 months ago Change from 12 months ago
Vacancy Rate - Perth 2.9% +0.5% pts +1.5% pts
Median Weekly Rent - Perth $370 0.0% 15.6%
Vacancy Rate - Mandurah-Murray 3.9% +0.9% pts -1.6% pts
Median Weekly Rent - Mandurah-Murray $295 1.7% 5.4%
Vacancy Rate - Bunbury, Greater 1.3% -1.8% pts -2.0% pts
Median Weekly Rent - Bunbury, Greater $300 3.4% 11.1%
Vacancy Rate - Geraldton-Greenough 3.2% +0.5% pts +1.1% pts
Median Weekly Rent - Geraldton-Greenough $320 6.7% 10.3%
Vacancy Rate - Kalgoorlie-Boulder 5.5% +1.9% pts +4.8% pts
Median Weekly Rent - Kalgoorlie-Boulder $360 -2.7% -2.7%
Vacancy Rate - Albany 3.4% n.a n.a
Median Weekly Rent - Albany $280 1.8% 3.7%
Vacancy Rate - Busselton 9.1% n.a n.a
Median Weekly Rent - Busselton $300 1.7% 1.7%
Vacancy Rate - Broome n.a n.a n.a
Median Weekly Rent - Broome $615 2.5% -8.2%


  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.