If any town in Western Australia is symptomatic of the state’s boom and bust cycle, it’s Port Hedland.
- Port Hedland house prices are up 41 per cent from a year ago, data shows
- A rental shortage is drawing locals and investors into the property market
- It is a similar story in Kalgoorlie, where prices have jumped 12 per cent
Once again, the town, where the Pilbara’s rich iron ore is shipped to the world from, is experiencing soaring rents and property prices.
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