Pilbara house prices $300k higher than Sydney

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Housing prices in the Pilbara are continuing to rocket ahead of other regions in Australia, with recent purchases in Newman and Port Hedland averaging $800,000 each.

According to Crawford Realty the average sale times and prices for property in the Pilbara is well ahead of Perth.

AAP reports the average price of $800,000 in Port Hedland and Newman is $300,000 more than the median in Sydney.

Crawford realty said investors from the eastern states were leading sales in the region.

The company said BHP Billiton’s plans to proceed with the Outer Harbour Development and other mining expansions were driving the prices.

Yesterday Queensland mining workers dumped from BMA’s Norwich Park mine were offered a house if they chose a redundancy package.

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