without exception all places in australia will reach an equilibrium
you cant have a perpetual shortage anywhere that can be captured in the price of a property
if investors chase yield, then most properties will be built in those areas
eventually those one million dollar properties in Karratha and the like will be worth the same in any country town with abundant land - even in the middle of a mining boom
there is a peak limit to the volume of commodities that will be shipped out of those areas, so why would the towns continue to get bigger - after all the truck drivers will be working from anywhere in Australia via video link and all the infrastructure will be built
