Agree with that Raider.
From what I am seeing on the ground in WA, there is a long way back in most economic markets, not just real estate.
I am usually employed in roles that come with a fixed term contract. Contract daily and hourly rates being offered ATM, are worth 30% less, than two years ago. Take it or leave it.
I am hearing that "being out of work for twelve months, in resources based roles", is the new normal for quite a few people.
Prices in WA real estate will hold up in certain areas, however, the overall trend will be a continued fall for some time yet.