The mining property bust – which has sent sales volumes, prices and rents plummeting – looks to be coming to an end according to new research from CoreLogic’s Cameron Kusher:
…many of these [mining] towns have seen sales volumes begin to lift and in some regions there are signs that the rate of decline in house prices are starting to slow. This leads to the question as to whether the worst of the price falls in these areas are now in the past?..
Gladstone