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Hayden Groves says it is encouraging to see prices in regional WA show signs of recovery after a challenging few years. Photo: Attila Csaszar

Regional WA house prices improve: Reiwa

A slight improvement in economic conditions helped regional Western Australia’s regional median house price improve in the previous quarter, Real Estate Institute of Western Australia president Hayden Groves says.

Preliminary data from Landgate shows an overall 1.4 per cent lift in the median house price in regional WA in the three months to March, with Port Hedland and the Broome urban area among the regions showing signs of improvement.

Broome’s median house price gained 3.1 per cent in the quarter, to $505,000, while Port Hedland’s median grew 7.4 per cent to $282,000.

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