Ray White Rural Mount Isa

1 Miles St Mount Isa Queensland 4825

The past twelve months have been busy constructive months for Ray White Rural Mount Isa

The purchase of Mount Isa Mines by Xstrata has seen growth in all areas of business in Mount Isa and surrounding areas. This growth has seen a boost in property values and the demand remains strong for suitable housing for the new families arriving in Mount Isa on a daily basis.

Mid 2005, Xstrata handed vacant land behind the suburb of Healy to the Mount Isa City Council for release to prospective buyers, in an effort to ease the housing shortage. It is envisioned that some blocks will be purchased by local people to build a new home for themselves and also attract investors to purchase the land and build executive homes for rental to accommodate company executives and managers.

Early last year Ray White Rural Mount Isa auctioned "Healy Heights Estate" Stage 1, vacant land for Mount Isa City Council. All 21 of these blocks were sold on auction day. Stage 2, approximately 22 blocks, is now being marketed and Ray White Rural Mount Isa are auctioning these blocks on the 22nd August 2006. Interest is very strong, and we look forward to another successful auction.

Residential property sales are delivering pleasing results for sellers. Commercial and industrial sales and leasing
has enjoyed interest from investors Australia wide.

Ray White Rural Mount Isa sponsor many local events and charities. Again this year we are sponsors of the Mount Isa Rodeo held in the second week of August is the largest Rodeo in Australia - Mount Isa is the Rodeo Capital of Australia.