Article – Boom and rust in iron ore hub

31 October 2013
Jonathan Barrett
The Australian Financial Review
Port Hedland cafe owner Ray Sampson has been looking for a one-bedroom unit that his son, who is also the cafe’s chef, can rent in the post-mining boom property market.
“The agents said the old tenants paid $1600 a week,” Mr. Sampson said. “I got them down to $850. It’s a good thing prices are down, but I think it still needs to come down further.”
Click below for the full article, courtesy of the Australian Financial Review.
Port Hedland property prices AFR 31 Oct 2013

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