More than 100 buyers circle Queensland mining town with $75k houses

More than 100 prospective buyers and investors have registered interest in a former Queensland mining town where houses have sold for as little as $75,000, with demand particularly strong for individual homes. The extraordinary response has come from everyone from bargain-hunting homebuyers to ASX-listed companies, with some groups eyeing the possibility of acquiring the entire township of Glenden, west of Mackay. An aerial shot of some of the facilities in the town of Glenden. Image supplied. CBRE, which is managing a registration of interest process on behalf of the Queensland Government, has attracted “well over” 100 registrations, with interest spanning individual houses, larger property holdings and the entire portfolio. Selling agent Will Carman said the level of interest suggested there would be no shortage of buyers if the government decided to proceed with individual sales. “When you’ve got a limited supply of homes across the nation like we do, if you carved it up into individual houses, it would be taken up,” he said. An aerial view of Glenden, Queensland, a former mining town. He said a couple of groups were exploring the possibility of acquiring the entire township, wh...