The cost of renting a residential property in the Pilbara jumped by about 20 per cent in the September 2023 quarter, highlighting the acute housing shortage in the region.
Median house sale prices in most WA regional centres grew during the recent quarter, with Busselton emerging as the top performer at a 5.5 per cent increase.
The popularity of Busselton as a residential base for FIFO workers has contributed to solid growth in house prices in the South West city, which is now a more expensive place to buy a home than Karratha, where property values continue to plummet.