the gist of this article...if you know there will be a housing shortage, due to a big one off deal..go for it, get in early and watch it pay off.... in this case they need 5000 workers now, in a population of only 1000, but after the thing is built, they will still need 1000 workers to run it....effectivley quadripling the town population...ie family of 4..for one new worker... so the population goes from 1000 to 5000 ...wow that is a lot of houses....so 1000 extra houses required in the long term.... or if you are half smart...that means more tradies are needed there, cafe society will be in demand...and all the other businesses that support a small town... it actually beats everything, versus stuck in the city, with huges house prices ......................................................... extract only......
There is now nothing to rent in Terang, a larger town 25km south of Mortlake, and some workers are travelling as far as Camperdown, about 50km from Mortlake.
The demand has pushed rents in Terang up to $350 a week and modest homes in Mortlake that previously fetched $135-$140 a week are now being let for more than $320.
Farmers are opening up shearers' quarters, vacant cottages and other buildings to accommodate workers from the power station. Caravan parks are doing good trade.
It'll be great while it lasts, but it won't.
Most of the workers hail from the Melbourne area, the Latrobe Valley east of Melbourne, or interstate.
