
Own Australian Town with Postcode for $400K
About this episode
Australias tiniest town with its own postcode, Cooladdi, is up for grabs for just $400,000. This package includes a four-bedroom home, a post office, pub, motel, restaurant, and general store. The current residents, Carol Yarrow and Jo Cornel, are ready to pass on the reins. Located in the outback, about an hour from Charleville and nine hours west of Brisbane, Cooladdi serves as a key stop for travelers. The new owner will wear multiple hats, delivering mail, pouring drinks, cooking meals, and stocking the shop. The town, once home to 270 people, has a rich history and a tight-knit community. Real estate agent Becky Jeisman describes it as a profitable gem with steady income and full support from the Murweh Shire Mayor. This could be your chance to own your own town and embrace the outback lifestyle.
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Sydney News Today | 2 Min News | The Daily News Now! — Own Australian Town with Postcode for $400K. Machine-transcribed; use the interactive transcript above to jump the player to any line.
0:00It's April 8th, you're listening to Sydney News today, AI-powered local news. I'm Cory with the story. Australia's tiniest town with its own postcode, Koolati in Queensland just hit the market for $400,000. That gets you the whole spot, including a four-bedroom home and a bunch of businesses like the post office, pub, motel, restaurant, and general store. The two residents, Carol Yarrow and Joe Cornell, ran it for three years and now they're ready to pass the torch. It's out in the outback about an hour from Charleville and nine hours west of Brisbane serving as a key stop for travelers heading between towns. Like Quilpy, the new owner steps into a jack-of-all-trades role, delivering mail, pouring beers, cooking meals, and keeping the shop stocked all in one go. Locals and grazers love the vibe, gathering for Friday chats or events like the annual Jim Conna for horses and bikes. Back in a Tay Day, Koolati had 270 people thanks to the railway, but his shrink after
1:00the station and school closed. Carol, who's just turned 70, revived it, but feels it's time for fresh energy to keep it alive. Real estate agent Becky Giesman calls it a profitable gem, with steady income from the mail run, even in slow seasons, full of character and opportunity. Ourway Shire Mayor Sean Radnege praises its pull for campers and drivers, offering full support to the next unofficial mayor. If you're dreaming of owning your own town without breaking the bank, this could be your shot at Outback Adventure. Let's see who grabs it and keeps, the spirit rolling.
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