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Latest report provides housing market insights

Latest report provides housing market insights
07Apr2022

The latest edition of the Goldfields-Esperance Housing and Land Summary is now available.

The latest edition of the Goldfields-Esperance Housing and Land Summary is now available.

The half-yearly report shows that house and unit prices continued to rise across the region in the second half of 2021, with regional median house prices increasing by 6% compared to the same period a year earlier, and median unit prices increasing by 19 per cent.

Across the region, house sales were 74% higher than in the same period two years earlier.

The volume of unit sales during this period was the highest in a decade.

The report confirms the tightening of the region’s rental market.

The regional rental vacancy rate declined from 0.8% to only 0.3% between January and December 2021.

Median weekly rents jumped by 18.2% compared to the previous year, with the median rent price reaching $396 towards the end of 2021.

The Goldfields-Esperance Housing and Land Summary (Jul-Dec) 2021 is available here, with previous editions also on our website.

For more information about the report, contact Rex Drabik, GEDC Regional Development Officer, on (08) 9083 2206 or email info@gedc.wa.gov.au.
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