They always say the three most important words in real estate are “Location. Location. Location.” In Kalgoorlie, the three most important words in real estate have always been “Gold. Gold. Gold.”
The town sits 370 hot, dry, dusty
kilometers miles Northeast of Perth, right at the end of the Great Eastern Highway.
It was founded back in 1889 during one of Australia’s many gold rushes. But the crazy thing is, the gold rush has never ended. They’re still pulling gold out of The Super Pit, the world’s largest open pit mine, and now they’re using newly-developed processes to go back and extract more gold out of all that dirt they’ve hauled out of the mine over the last hundred years.
If it weren’t for gold, there would have been no reason for Kalgoorlie and its remarkable architecture to exist.