Tara on Queensland's Western Downs a drawcard for affordable housing and mortgage-free living

  • 📰 abcnews
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 83%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

After struggling to pay rent in Brisbane, Donna Burn and her husband decided to move 300 kilometres west and they're living the dream after buying a house for $150,000.

What's next?As a full-time kitchen hand paying $500 a week in rent, Donna Burn was struggling to make ends meet.

"I can do with my house what I want to do with my house — there's no mortgage, no rent and it's mine."Tara real estate agent Arn Grealy said the Burns were not alone in their quest for a mortgage-free life in Tara. Ms Grealy said affordable housing and recent headlines about Tara had attracted a variety of people to the town.

"Some are building brand new homes, some are buying established homes on acreage, houses in town have been selling quickly."New figures from research group CoreLogic show house values across the region increased 44 per cent in the three years to February 2024, with the median house now valued at $306,984.

"The lifestyle out here is just as good, it's better. There's no traffic, no stress, no millions of people everywhere you go.""It is just great with no mortgage, no rent — our money is our money."Two bedrooms, air conditioning and no stove: would you buy Queensland's cheapest habitable home?British defence secretary hitches ride to Adelaide on RAAF fighter jet

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Western Power tells residents to replace private power poles at own cost in Western AustraliaThe electricity network operator began the private power pole inspection program in 2021 after a fallen pole on private property in the Perth Hills sparked the 2014 Parkerville bushfires, leading to the loss of 57 houses.
Source: abcnews - 🏆 5. / 83 Read more »