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I had no idea rents for Kalgoorlie had fallen so far back, then again I have not been watching this market, some pain out there for anyone owning this stuff. QLD mining towns similar story.

Yep, government stuffed up big time with OUR MONEY they certainly should have known better as the writing was on the wall at that time, no excuses for this one

I know someone who is looking at funding for OTP apartments, I doubt it will fly, wrong time in the cycle. This group has stuff in Karratha and Pt Hedland (see link), I would say their quoted initial returns would be totally off the mark now. I am told rents in Karratha have dropped 25%, I...

Any updates on Karratha. Still plenty of properties on the market for sale and rent? I know there are a couple of OTP projects that will be coming on the market shortly, that may be tough....

So what is happening in Onslow, see lots of under offer stuff $1M+

Thanks for the update.

Hi HR I still see lots of property on the market, nothing seems to be moving, am I right Also, lots of rental properties, no takers??

What is the price for 4x2

1.2.3.4 Even at $800K that is big $. So now that you have moved on, will it still be a mining town? Cheers, MTR

HI Jonesy If this is the case, then why would prices go up if there are now cut backs, I would expect prices to drop, including rents. Am I missing something?? Cheers MTR

Update please on this market Hi All for those who understand/know this market I would like your view on what is happening. From what I can see there seems to be too many properties on the market and also too many properties for rent. Can anyone enlighten me on this??? I have a friend who...