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Regional markets linked to resources and mining are continuing to
experience ongoing value declines with home owners experiencing
tough selling conditions and rental demand which has substantially
diminished. Demand is also relatively soft in lifestyle markets and
although values and transactions have fallen, to–date these declines
have been relatively moderate.
Tough conditions in
mining towns
Median prices across regional WA
Regional WA best performers
Rolling Median Price (12 months)
Number sold (12 months)
12 month change in median price
Affordable
= suburbs below 25th percentile
Mid–range
= suburbs between 25th and 75th percentile
Prestige
= suburbs above 75th percentile
Rank
Suburb
1
ERSKINE
$435,000
17 31.8%
2
GEOGRAPHE
$525,000
10 19.7%
3
DUNSBOROUGH
$547,500
24 15.3%
Rank
Suburb
1
NORSEMAN
$45,000
17 50.0%
2
DALWALLINU
$170,000
14 41.7%
3
BEVERLEY
$325,000
17 32.7%
Source: CoreLogic
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