People Have Gotten a Good Deal on Property in the Steel City

October 25, 2023 11:47 pm in by

Some people have gotten a good deal on property in the steel city.

The Whyalla City Council auctioned off 16 properties to recover unpaid rates that had accumulated over several years.

The auction recouped nearly $661,500, while the total capital value of all properties was $1.6 million.

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Five were purchased by a single Adelaide-based buyer, two by out-of-state parties, and nine by Whyalla residents.

South Australian councils have the authority to sell properties if owners have unpaid bills for over three years, following a process of debt recovery and assistance.


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