Mine retreats a shore thing
SA’s mining boom will spin off to the coast, writes Ben Hyde.
COASTAL developments on Yorke and Eyre peninsulas are set to benefit from the state’s growing mining industry. Real Estate Institute of SA president Greg Nybo says increasing mining activity, particularly on Eyre Peninsula, and the potential expansion of Olympic Dam will fuel the coastal real estate market.
‘‘I would have thought that anybody working in that hot, dry and dusty sort of environment would be pretty keen in their leisure time to get by the water,’’ he says.
‘‘You would want to get a location near your employment so those locations like Eyre Peninsula and Yorke Peninsula would be ideal.’’
Mining companies including Centrex Metals, Lincoln Minerals and Ironclad Mining are increasing mining operations on Eyre Peninsula and there is a proposed $150 million port facility to be built at Sheep Hill, a few kilometres north of Tumby Bay.
A $350 million explosives factory planned for a site near Whyalla is also set to inject more money into the region.
Mr Nybo says similar trends could develop to those in Western Australia, where miners working in Kalgoorlie retreat to such coastal destinations as Esperance.
‘‘They are earning a good income and they work hard. I think a lot of them would be really quite keen to get to the coast to relax,’’ he says.
Mr Nybo says people working at Olympic Dam would also be likely to shop around for coastal retreats.
Developments in line to reap the rewards include The Dunes Port Hughes, Clearwater Cove Estate at Streaky Bay and Point Boston Peninsula, just out of Port Lincoln.
The Dunes Port Hughes reaches a milestone this weekend, with its new Copperclub golf course opening for play.
Members will have the first opportunity to play the front nine holes of the Greg Norman-designed course this weekend before it officially opens to the public on June 1. The Dunes Port Hughes chief executive officer Andrew Martin says the opening of the course is exciting.
‘‘The first nine holes are looking fantastic already so we’re looking forward to welcoming as many people as possible to come and enjoy a course designed by one of the world’s greatest ever golfers,’’ he says.
‘‘We still have another nine holes to go but opening the first nine is a major milestone that really is going to drive The Dunes Port Hughes forward as South Australia’s premier resort and residential development.’’
The Dunes Port Hughes is also progressing plans for a new resort complex including a restaurant, bar and function centre, plus tennis courts, swimming pool and a gym for residents.
Playgrounds: The Peninsula Club on Point Boston Peninsula.