Are we disagreeing?...I agree that Karratha (Greater) is generally slower and going to get slower...see below
http://www.realestate.com.au/rent/between-0-1700-in-karratha+-+greater+region%2c+wa%3b+/list-1
I agree that Sth Hedland is steady and not doing badly. See below...
Mate....it doesn't matter. The companies want to reduce costs as the cost of things like commodities are down and price is labour is up. Their profits are down....
So what are they doing....they are looking to bring costs down. They are now setting the top rent amounts they are willing to...
The Moranbah vacnacy rates have increased dramatically....some of the lemmings who bought will panic and there will be a flood of properties on the market. This will drive prices down...in a mining town it will be more pronounced....at this point it will be time to buy. This will take time. Coal...
This is great news....I am hearing the same about Gladstone also.
I think if one waits for about 6 months there will be some prime pickings in Port Hedland, Gladstone, and Karratha!
Moranbah will look like an absolute bargain!!