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Agreed there is plenty in the pipeline but with all this work planned and the "supposed masses flocking to Karratha", would this not level out the supply and demand scenario aswell as the rents and property prices ? Will the use of local building materials (possibly in the next few years)...

Cheers Ausprop..... I was "guesstimating" at pretty much the same figure.... around the 450k mark

Redwing - Meant the workers accomodation villages ........... Out of curiosity, any rough idea what a 3 x 1 brick and tile with a nice below ground pool and landscaping would cost to build ? mmmmmm........steak !!!!!

Ausprop: Agreed.... however with one of the RE agents up there advising me that basically none of the large companies are currently renewing leases or actively seeking new properties to rent, once my lease runs out in 6 months time I worry about getting a new tenant, especially as the average...

Thanks for the replies. I am sure many other Karratha investors are thinking along the same lines........................... Rolf: Your comments are spot on. Only last night we were thinking we will wait until after the election to finalise our decision. If we do exit and make a small...

I have owned a 3x1 IP in Karatha rented for over $1500 per week (6 months left on lease) for over a year and am looking at selling due to the uncertainty of the market in karratha atm. The property was purchased for $705,000 last year and has just been valued at approx $825,000. In speaking...