With a smaller mortgage meaning a better lifestyle and extra money to do the things they want, Desolee and Russell Cowley's purchase of a property in Mount Morgan is helping bring life back to a small town.
Desolee Cowley bought her property in 2020 for $218,000 and, while it didn't have a shed she still had room in the budget to add one.The town is expected to grow as more people get priced out of the property market in larger cities like Rockhampton .When Desolee and Russell Cowley were looking to buy a new property, the small central Queensland town of Mount Morgan was not on their radar.
But despite 121 per cent growth it is ranked as the 13th most affordable suburb for houses in Queensland, according to PropTrack."I'm seeing a lot of places getting done up," Ms Cowley said."There are people cleaning up yards, there are people painting houses, there are people doing renovations.""I know my husband and I could probably borrow a lot more money than we have, but why would you want to?" Ms Cowley said.
"For a long time it had this image 'you don't want to live in Mount Morgan … It's a little bit backwards'," Ms Douglas said.When Ms Cowley moved to Rockhampton she also found people would say "you don't want to move to Mount Morgan".But once moving to the town, Ms Cowley was blown away.
Rockhampton Real Estate Property Small Town Property Prices Affordability Cost Of Living
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