House Prices

Kimberley Real Estate – Year to December 2013

House Sales Unit Sales Land Sales House Median 2008 House Median 2012 House Median 2013
Broome 111 36 115 $655,000 $670,000 $642,000
Derby 14 1 7 $375,000 $540,000 $531,500
Kununurra 35 3 12 $490,000 $452,500 $455,000
Kimberley* 167 40 170 $550,000 $575,000 $605,000

* Kimberley also includes other small Kimberley towns

Median House Prices by WA Town – Year to December 2013

 

Median price of house sale sales – Year to Dec

Annual % Change

 

2008

2012

2013

1 Year

5 Years

Port Hedland  $ 565,000  $ 885,000  $ 899,000

1.6%

9.7%

Karratha  $ 710,000  $ 782,500  $ 710,000

-9.3%

0.0%

Broome  $ 655,000  $ 670,000  $ 642,000

-4.2%

-0.4%

Derby  $ 375,000  $ 540,000  $ 531,500

-1.6%

7.2%

Kununurra  $ 490,000  $ 452,500  $ 455,000

0.6%

-1.5%

Augusta-Margaret River  $ 485,000  $ 425,000  $ 430,000

1.2%

-2.4%

Busselton  $ 449,000  $ 420,000  $ 422,000

0.5%

-1.2%

Mandurah  $ 395,000  $ 380,000  $ 395,000

3.9%

0.0%

Geraldton  $ 347,500  $ 380,000  $ 376,000

-1.1%

1.6%

Bunbury  $ 357,000  $ 362,750  $ 372,750

2.8%

0.9%

Esperence  $ 367,000  $ 360,000  $ 372,000

3.3%

0.3%

Albany  $ 390,000  $ 354,500  $ 365,000

3.0%

-1.3%

Kalgoorlie-Boulder  $ 330,000  $ 342,000  $ 347,000

1.5%

1.0%

Carnarvon  $ 310,000  $ 280,000  $ 300,000

7.1%

-0.7%

Regional WA  $ 356,000  $ 370,000  $ 375,000

1.4%

1.0%

Perth  $ 440,000  $ 485,000  $ 520,000

7.2%

3.4%

Median Weekly Rental Rate by WA Town – December Quarter 2013

Median Rent
Port Hedland $1,300
Karratha $1,000
Broome $600
Kalgoorlie-Boulder $380
Mandurah $380
Bunbury $365
Geraldton $360
Albany $310

Source: Real Estate Institute of WA (REIWA)