Prices of SW hous­ing beat mar­ket in metro area

Augusta Margaret River Times - - News - Shane Wright

Mar­garet River and Al­bany are out­per­form­ing Perth’s hous­ing mar­ket as home­buy­ers look for value. New fig­ures from CoreLogic shows the me­dian house value in Al­bany has risen 2.2 per cent over the past year.

Across the Au­gusta-Mar­garet River area, house prices have im­proved 2 per cent dur­ing the past year and 15 per cent since 2013.

While Bus­sel­ton house prices have edged down 3.4 per cent since late last year, they are still up 8.8 per cent over the past year.

The per­for­mance of the re­gion is in con­trast to Perth where val­ues have fallen more than 15 per cent since 2013.

While Perth val­ues are con­tin­u­ing to fall, in Man­durah they are hold­ing their own to be up 0.7 per cent over the past 12 months.

One of the worst-hit parts of WA has been Kar­ratha with val­ues there down 63 per cent between 2012 and early last year.

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