Small, unloved and unkempt, these unusual properties are hot in Australia

Decommissioned electrical substations are hot property in Australia

In a country where the housing market is squeezed, decommissioned electrical substations are in demand as refurbished residences. Bits of metal poked through...

Small, unloved and unkempt, these unusual properties are hot in Australia

SYDNEY — Bits of metal poked through the floor, paint peeled from the walls and “caution” signs warned visitors to watch their step on the uneven floor. The building was dark inside. Yet one potential buyer described it as “incredible.”