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All this growth in WA has been reported in a US online newspaper: http://www.washingtonpost.com/wp-dyn/content/article/2010/02/13/AR2010021303651.html?hpid=moreheadlines&sid=ST2010021303722 Of most interest to those here:

it has been quite surprising actually. In the middle of last year, the feasibility study for building duplexes on IP2 that we bought last year didn't add up, with completed houses expected to sell for about $450k. We just found similar new duplexes in the same area listed on realestate.com.au...