Dampier property sells for highest price in 12 years

A Dampier property has fetched $1.18 million — the highest price in the town in 12 years. The home at 6 Maitland Court Dampier — which has three bedrooms, one bathroom, and three car spaces — sold at a night auction on Wednesday August 7. The Real estate agent representing the residence, Realmark Karratha director Jordan James, said the property generated high interest before it went to auction. “The property was on the market for just 20 days, and had 22 inquiries, 26 inspections, as well as nine people registering to bid at auction,” Mr James said. The historic sale marks a new chapter for Pilbara real estate, a decade after 7 Blackwood Crescent in Dampier sold for $1.225 million in 2012. Mr James said a myriad of factors contributed to the property’s high sale price, and the expediency with which it was bought. The property’s fresh renovations were it’s most attractive sale point, he said. “Renovations in any Pilbara town are not an easy or cheap exercise,” he said. “Most people have kids, and that makes renovations taxing, so when one comes up like 6 Maitland Court, people are willing to pay for it because they can just move in and enjoy.” Updated homes are in high demand throughout the region, partly because of mining housing built in the 1970s, according to Mr James. “A good portion of properties in Dampier were built by Rio Tinto around the 70s,” he said. “They were built under the objection of ‘we need to put our staff in a house quickly’, so a lot of them are basic homes.”