Western Australia still dominates the biggest price decline localities: Investar

Western Australia still dominates the biggest price decline localities: Investar
Western Australia still dominates the biggest price decline localities: Investar

Western Australia's mining localities dominate the list where the biggest median price declines have been recorded over the past five years, according to Investar’s latest report.

The property data firm says that South Hedland's housing median unit price has decreased by 83% over the past five years.

This is followed by Western Australia's Newman, with a 77.5% drop.

Dysart, Queensland, with a 76.4% decline ranked third. 

Western Australia still dominates the biggest price decline localities: Investar

A Newman three bedroom house traded for $170,000 in November 2018 (pictured above).

Set on the top location in quiet area of town, the house at 3 Gunn Place features big shed, separate dining/lounge, outdoor living options and lots of parking options.

It has last sold in 2005 at $238,000.

Tags: 
Western Australia Investar

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