Buying blow Rockhampton

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Buying blow Rockhampton

By Vanessa Jarrett. ABC Capricornia. Topic: Property Prices. Desolee Cowley sitting on the verandah of her Mount Morgan home. The town is expected to grow as more people get priced out of the property market in larger cities like Rockhampton. When Desolee and Russell Cowley were looking to buy a new property, the small central Queensland town of Mount Morgan was not on their radar. But one Saturday morning they had an hour to spare between open homes nearby in Rockhampton and the real estate agent suggested they have a look at a potential property. The Cowleys' home at Baree, near Mount Morgan. It did not have a shed on it, which was a main feature they were looking for. But it was on two hectares and, for the cheap selling price, they still had room in the budget to add one. Up in the hills, a minute drive from the city of Rockhampton, lies the sleepy old gold mining town of Mount Morgan. For the past few decades it has been a quiet little township but, in recent years, it has seen growth as more people make the lifestyle change. It comes as buyers are being priced out of the property market in larger towns. The township of Mount Morgan from its lookout. But despite per cent growth it is ranked as the 13th most affordable suburb for houses in Queensland, according to PropTrack. Ms Cowley had noticed the growth in the four years she had lived in the area. Ms Cowley commutes 40 minutes into Rockhampton for work most days but enjoys the time to debrief. A smaller mortgage has meant they have a better lifestyle and extra money to do the things they want, like going to the speedway and travelling. Early days of Mount Morgan, circa Supplied: State Library of Queensland. The mine was Queensland's most productive gold and copper mine before closing completely in Overlooking the Mount Morgan Mine. Operations have slowly begun at the site, but Mount Morgan-based senior sales agent Angela Douglas said a lot of her buyers did not even know the mine was coming. She believed the interest was coming from an overall shortage of housing and the perception of the old town slowly changing. Mount Morgan-based senior sales agent Angela Douglas. When Ms Cowley moved to Rockhampton she also found people would say 'you don't want to move to Mount Morgan'. The dam is just amazing,' she said. Long-time resident and community advocate John Steinberger said property prices had led to a lot of positives around town. But it's a catch-up now. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. Mount Morgan's housing affordability draws Rockhampton commuters to former gold mining town. What's next? They bought it on the spot. Email address. Footer ABC News homepage.