Port Hedland rents to top $5,000 a week

A Port Hedland real estate expert has predicted average rents in town to reach over $5,000 a week within the next two years.

The West Australian reports Port Hedland property authority Jan Ford said accommodation demand was still the strongest it had ever been.

Ford said a six-bedroom, four-bathroom property in the town's expensive Pretty Pool area was currently being rented for $5,500 a week.

Like other mining regions in Australia small business and residential prices in Port Hedland for people outside the mining industry are becoming increasingly difficult to manage.

Earlier this year the Town of Port Hedland approved BHP Billiton's revised plans for another fly-in fly-out camp after rejecting its previous offer.

The new camp will house an additional 4,000 transitory workers, and as part of the expansion the company has committed to developing permanent accommodation and business facilities in town.

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