Hi,
I Bought a house in Whyalla SA in 2005 and spend 6k on it, sold it for twice the amount in 2009 and always had a tennant in it paying a good rent. The real estate agent was good. Had one nightmare tennant which the realestate agent removed very diplomatically and was full again in four weeks. At the moment I am again looking at buying here due to the expansion at roxby, most families will want to live in the bigger towns like Port Augusta and Whyalla that have the schooling an amenities, its a bus in bus out situation for the workers. I have one investment property in Whyalla which has a great tennant in it from the day after I bought it until now ( four years ) and one in Port Augusta that is 3.6 acres horse property. The port Augusta one I intend to keep for a few years until the boom and then demolish, subdivide then build. Its a buyers market in Whyalla and Port Augusta ATM. My Horse property in port Augusta is on the market atm due to wanting to buy in Whyalla where I live. I prefer to be closer to my investments so if things go west I am able to deal with it myself. No one is looking and there are alot of goopd properties in both towns at great prices. Im just a small invester at the moment but by investing in these towns I have done very well and recommend them for 2 to 4 year investments.