You are here

Home prices in Australian mining towns slump

End of mining boom depressing home values in coal-rich areas where prices once rivalled those in NY and London


IN Blackwater, a town of 5,000 people in the high-plains country of Australia's Queensland state, the shockwaves from China's slowdown are good business for Gerard Eising.

The sales consultant with Blackwater Real Estate moved to the region seven months ago to take advantage

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom