"Eight of WA’s nine regional centres experienced median house sale price growth in the June 2021 quarter. Find out which was the top performing regional centre."
Eight of Western Australia’s nine regional centres experienced median house sale price growth in the June 2021 quarter, with Port Hedland experiencing the biggest growth rate of 8.8 per cent.
REIWA President Damian Collins said this marked
the fourth quarter in a row that most regional centres had recorded an increase in median house sale price.
“Regional WA’s recovery is tracking well. It’s pleasing that the state’s strong market conditions are not just contained to Perth,
but are being experienced across the regions," Mr Collins said.
On an annual basis, reiwa.com data shows all nine regional centres recorded median house sale price growth, with five centres recording more than 20 per cent growth in the
year to June 2021.
“Port Hedland was also the top regional performer on an annual basis, and in fact the top performer of anywhere in the state, with its median house sale price increasing 57.8 per cent to $359,000 in the year to June 2021,”
Mr Collins said.
Other regional centres to record strong price growth over the last year were Esperance (up 24 per cent), Broome (up 22.8 per cent), Geraldton (up 21.5 per cent) and Kalgoorlie-Boulder (up 20.4 per cent).
Regional centres | Median house price | Quarterly price change | Annual price change | Quarterly change in listings | Annual change in listings | Median selling days |
---|---|---|---|---|---|---|
Albany | $395,000 | 1.3% | 6.8% | -17% | -40% | 23 (↓4) |
Broome | $550,000 | 5.8% | 22.8% | 15% | 34% | 34 (↑5) |
Bunbury | $370,000 | 1.4% | 5.7% | 2% | -34% | 32 (↓10) |
Busselton | $515,000 | 0.0% | 4.0% | -17% | -57% | 16 (↓23) |
Esperance | $382,500 | 3.0% | 24.0% | -11% | -50% | 49 (↓1) |
Geraldton | $322,000 | 3.9% | 21.5% | 9% | -20% | 39 (↑2) |
Kalgoorlie-Boulder | $325,000 | 3.2% | 20.4% | -5% | -11% | 39 (↓9) |
Karratha | $491,750 | 3.5% | 14.4% | 45% | 88% | 22 (↓16) |
Port Hedland | $359,000 | 8.8% | 57.8% | 44% | 8% | 24 (↓3) |