Council to auction land plots with $9 reserve

News

A Queensland council is offering fully serviced plots of land at auction with a reserve price of $9.

Flinders Shire Council is hoping the initiative will help increase the local population, which currently counts at 1,521 people.

MSN.com reports that the deal also includes housing grants of $5,000 to eligible applicants.

The shire, about 4 hours drive inland from Townsville, will auction 48 blocks next month, and is hoping to achieve sale prices well above the reserve price.

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