Mining resurgence driving return to boom time
While property markets in capital cities endure a period of tumult, COVID-19 has failed to undermine values in mining towns around Australia.
Median house prices are soaring in the Queensland mining outpost of Mount Isa. Photo: Shutterstock (Image source: Shutterstock.com)
While property markets in capital cities endure a period of tumult, COVID-19 has failed to undermine values in mining towns around Australia.
Swelling populations, baby booms and surging rent prices are the gold lining for the towns and regions reliant on mineral exports.
From the coal mines of Mackay on the central Queensland coast to the iron ore and natural gas hub of Karratha, 4,411 kms away in Western Australia’s Pilbara region, resources…
