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Today's quote:

Sunday, December 26, 2021

Australian property prices are going through the roof, but you can always go underground

For another look at the "White Man's Hole", click here and here and here.

 

The hammer has fallen on more than 33 properties that the District Council of Coober Pedy auctioned off to recoup unpaid rates in hotly contested bids attended by 70 people - with 40 more joining online - at the Desert Cave Hotel.

The council's CEO, Dean Miller, said the highest-selling dugout fetched $36,000. For anyone who has missed out on their dream of desert living, Mr Miller said there would likely be another twenty properties that would go on sale before the end of the year.

You'd probably want a bigger television screen, Des, but other than that I can already see you sitting in that reclining chair with a can of COKE in your hand! I'll visit you as soon as you've dug out an extra bedroom!

For more bargains at below-ground prices, go to realestate.com.au.


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