hamish2009 replied to the topic Roxby Downs/ Olympic Dam in the forum General Property 13 years, 1 month ago
I bought a 2br unit in Roxby in Jan 2010 for $285K when the Olympic Dam was operating at reduced capacity after the mine accident. It was recently valued at $360K. I have a 12 month coroprate lease (about to be re-newed). Current rented at $440 per week – around 8%.Agree that mining areas can be risky, but Roxby appears to have good prospects fo…[Read more]