Australia’s truffle capital, Manjimup, WA, has mushrooming housing shortage: HIA

Australia’s truffle capital, Manjimup, WA, has mushrooming housing shortage: HIA
Australia’s truffle capital, Manjimup, WA, has mushrooming housing shortage: HIA

The regional centre of Manjimup, about 300 kilometres south of Perth, the Southern Hemisphere’s biggest producer of perigold black truffles, has also gained the title of the local government area with the most acute housing shortage.

The list of the 30 municipalities contains just three locations on the metropolitan fringe – the Perth suburbs of Melville, Mundaring and Joondalup – weakening the argument that land release problems in the outer suburbs of the major cities is a key reason for Australia’s contested housing shortage.

Over the weekend, CSR chief executive Rob Sindel rejected the notion that Australia is suffering from a nationwide housing shortage – he says there are shortages in certain places such as NSW, south-east Queensland and WA.

The top 30 list compiled by the HIA is dominated by WA, which makes up half (15) of the local government areas with the most chronic undersupply of homes, followed by Queensland (7), NT (3), Victoria (3) with one each in NSW and South Australia.

Manjimup needs almost an additional four dwellings (3.94) for every 100 people in the town, which has a population of just over 10,000 – or 399 dwellings, according to the HIA.

The agricultural rich lands of Manjimup (it also home to the pink lady apple) are just ahead of the more arid municipality of Palmerston (3.93 dwellings required for every 100 people), the planned satellite city next to Darwin followed by the WA town of Geraldton, 430 kilometres north of Perth, a beneficiary of the mining boom where a major iron ore terminal is located. Geraldton has a dwelling shortage of 791 for its 21,000 population.

The median house price in Manjimup is $265,000, according to Australian Property Monitors.

A kilogram of Manjimup truffles is worth around $2,000 – last season the biggest truffle unearthed weighed 348 grams.

Manjimup truffles are sought as far afield as Manhattan restaurants and in eateries in France and Germany, with truffle season running for three months from June until September.

According to realestate.com.au, there are 248 Manjimup properties for sale, including this 55-hectare farm featuring a three bedroom residence. Listed for sale by Rodney Musulin of Primaries Real Estate for $970,000, it is “ideal for most horticulture pursuits, including highly prized truffles and avocados”.

The list includes two suburbs close to the Perth CBD – Subiaco, which ranks sixth on the list with a shortage intensity of 3.383 and 611 homes, and eight-placed South Perth, with a shortage intensity of 3.048 and 1,386 homes.

In absolute terms, Joondalup, about 16 kilometres north of Perth has the highest shortage of houses at 3,955 a shortage intensity of 2.38 houses for every 100 people.

Top 30 LGA government areas where a housing shortage exists

LGA

State

Dwelling shortage

Population

Median house price

Shortage intensity

Manjimup

WA

399

10,126

$265,000

3.94

Palmerston

NT

1,268

32,285

$465,000

3.928

Geraldton

WA

791

21,361

$280,000

3.703

Litchfield

NT

753

20,389

$571,000

3.693

Darwin

NT

2,684

79,338

$550,000

3.383

Subiaco

WA

611

19,674

$970,000

3.106

Bunbury

WA

1,087

35,614

$340,000

3.052

South Perth

WA

1,386

45,469

$727,000

3.048

Claremont

WA

303

10,065

$1.2 m

3.010

Kalgoorlie/Boulder

WA

968

33,319

$319,000

2.905

North Burnett

Qld

311

10,839

$150,000

2.869

Banana

Qld

427

15,542

$270,000

2.747

Melville

WA

2,835

103,687

$670,000

2.734

Fremantle

WA

785

29,318

$640,000

2.678

Broome

WA

448

17,081

$675,000

2.623

Mundaring

WA

1,021

39,753

$450,000

2.568

Northern Grampians

Vic

309

12,158

$150,000

2.542

Gannawarra

Vic

292

11,522

$153,000

2.538

Mount Isa

Qld

563

22,186

$349,000

2.534

Western Downs

Qld

818

32,727

$295,000

2.499

Hinchinbrook

Qld

298

12,240

$255,000

2.435

Albany

WA

904

37,207

$375,000

2.430

Cambridge

WA

667

27,552

$1.01m

2.421

Central Goldfields

Vic

308

12,854

$185,000

2.396

Berri & Barmera

SA

268

11,259

$187,500

2.380

Joondalup

WA

3,995

166,370

$525,000

2.377

Eurobodalla

NSW

915

38,607

$350,000

2.370

Scenic Rim

Qld

955

40,304

$390,500

2.369

Goondiwindi

Qld

274

11,646

$261,250

2.353

Vincent

WA

758

32,228

$600,000

2.352

Source: HIA, median house prices provided by APM.

 

 

 

 

 

Larry Schlesinger

Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

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