QUEENSLAND’S Mount Isa is experiencing a chronic housing shortage – characterised by tightening accommodation vacancies and escalating rental prices – as mining momentum in the town continues to grow to meet international demand for resources.
With future uranium mining plans for the area back on the agenda, Mount Isa now has the potential to experience further growth.
While the market to date has been a buyer’s market, this is expected to change in the future due to growing demand for rental accommodation, with investors looking to pick up an investment property before housing demand increases median house prices.
Jays Real Estate, the largest and longest established agency in Mount Isa, has tenants waiting to rent. Run by principal Sophie Keily and her team of 18 staff, Jays is family owned and operated with three generations working in the business.
The company manages more than 650 properties for owners across Australia and overseas while remaining independent of national franchise agencies, standing alone on its record of professionalism.
Striving to give old fashioned service and care with plenty of local knowledge, Jays has clients whose property portfolios have been managed by the company continuously for more 30 years.