Pilbara Property Investors Lose Half As Prices 'Hit Rock Bottom'
  • 16 February 2016

Pilbara Property Investors Lose Half As Prices 'Hit Rock Bottom'

“Property prices in the Pilbara town of Karratha have halved to their lowest level in 11 years as the mining town suffers a double blow from falling iron ore and oil prices. Desperate sellers are slashing asking prices by more than $100,000 and some homeowners have been left nursing losses of nearly $300,000 on properties they bought just two years …

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