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Property Research




Property Market Indicators


Property values (Median sale prices) December Qtr 2009 Change from 3 months ago Change from 12 months ago
Houses, Established
Perth Metropolitan $480,000 4.3% 14.3%
Mandurah - Murray $398,250 6.2% 6.2%
Bunbury, Greater $379,500 5.4% 13.6%
Geraldton - Greenough $375,000 1.4% 12.3%
Kalgoorlie Boulder $350,000 9.4% 10.2%
Albany $380,000 4.1% 7.0%
Broome $650,000 3.2% 3.2%
Busselton $460,000 19.5% 13.4%
Esperance $375,000 -6.3% 4.9%
Karratha $822,000 20.9% 22.7%
Northam $267,500 11.5% 15.8%
Port Hedland $685,000 10.5% 29.2%
Regional WA $383,000 5.1% 12.6%
Units Apartments
Perth $400,000 3.4% 15.3%
Land
Perth $265,000 17.8% 21.0%
Regional WA $160,000 1.3% 4.2%

Rental Market December Qtr 2009 Change from 3 months ago Change from 12 months ago
Vacancy Rate - Perth 4.7% +0.1% pts +2.3% pts
Median Weekly Rent - Perth $360 0.0% 0.0%
Vacancy Rate - Mandurah-Murray 2.5% -1.2% pts -0.5% pts
Median Weekly Rent - Mandurah-Murray $280 -1.8% -3.4%
Vacancy Rate - Bunbury, Greater 3.0% -0.6% pts -0.1% pts
Median Weekly Rent - Bunbury, Greater $300 3.4% 7.1%
Vacancy Rate - Geraldton-Greenough 4.2% +0.3% pts +1.5% pts
Median Weekly Rent - Geraldton-Greenough $320 6.7% 14.3%
Vacancy Rate - Kalgoorlie-Boulder 5.6% -0.7% pts +2.0% pts
Median Weekly Rent - Kalgoorlie-Boulder $320 6.7% -5.9%
Vacancy Rate - Albany 3.6% -1.0 pts n.a
Median Weekly Rent - Albany $280 3.7% 3.7%
Vacancy Rate - Busselton n.a n.a
Median Weekly Rent - Busselton $280 -1.8% -3.4%
Vacancy Rate - Broome 4.8% +2.4 n.a
Median Weekly Rent - Broome $550 0.0% 2.8%


  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.