1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar




Property News

New $1.5 billion development announced for Karratha

November 17, 2011

A new wave of developments has been announced for communities in the Pilbara to help ease the rising cost of housing that is following on from resource projects in the area.

Western Australian minister for regional development Brendon Grylls said that the new projects in Karratha will put downward pressure on the prices and rates while offering a range of opportunities for businesses.

There will be space for 50,000 permanent residents and over 10,000 square metres of commercial space - not to mention improved hospitality venues and entertainment centres.

Grylls asserted: "People that work in the resource sector are well paid, they want a high amenity and good liveability in their communities; if we can offer that they'll choose to live there.

"There are enormous opportunities for people in the eastern states, for people in WA, for people overseas to look at the Pilbara as a place to call home."

Speaking on the development plans, WA premier Colin Barnett said that new housing and commercial opportunities would help to cement Karratha's reputation as a permanent community by reducing the number of fly-in fly-out operations required.

Barnett asserted: "The mining companies themselves in the longer term want to see more of their employees working and housed in the region on a permanent basis."

The first stage is currently projected for completion some time in 2014.



Related Articles

Brisbane's fringe the place for office rental in the city

Those on the hunt for commercial real estate may want to look at Brisbane's fringe, according ...
read more

Brisbane industrial property a safe bet for investment

There is growing demand for industrial property in Brisbane, the latest report on the city's ...
read more

Major developments coming to south east NSW

While most everyone knows about the major changes coming to the city of Sydney, the largest city in ...
read more

Latest Articles

Powerful population growth for NSW, Victoria

Bigger populations mean more property purchases, and new statistics have shown that New South Wales ...
read more

Newcastle development highlights strengthening New South Wales position

Newcastle is set to undergo development in the near future, with this transformation taking another ...
read more

Sale opportunities as capital city property prices soar

Anyone interested in selling their capital city property could be interested in the ...
read more