SINCE 1997

Latest Cobalt Blue News

Mining for real estate gold in the resources regions

Investors are again turning their sights towards Australia's mining towns as capital city gains ease and resources-driven rents deliver huge yields.

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Resource-based property markets around Australia, including the Pilbara region in Western Australia, Gladstone

in northern Queensland and Broken Hill in New South Wales, have seen substantial growth in property values and rents over the past two years.

While the increase in property values is welcome news for homeowners and investors, low vacancy rates in these locations are impacting employment and stretching the finances of locals.

Investors …