Does anyone have any investment properties in Mt Isa? Is the risk of floods a major set back for investment in this mining town?
Is the city growing or pretty much stagnant? I know it is pretty much solely reliant on mining operations but I was wondering if anyone knew the economic outlook for Mt Isa in 2004 and beyond?Cheers
Thayer
Hi Thayer
Go to google.com.au, type in mount isa, add different search terms such as economy and population.
See what comes back
Cheers
rThayer. message me next week and i can have some info for you. off the top off my head i would say stay away. my mate sold his house there recently and no capital gain in 6 or something years. he has now bought properties in Townsville getting growth and +CF. can ask him when he gets back from the mines though and forward you more info, just message me next week and ill ask him your questions. If possible (but difficult) you should talk to someone who is currently in the industries and know the future plans for the mines there. hope i made sense
[email protected]Adrian Cahill | AdrianCahill.com Personal Development Expert
http://adriancahill.com/from-investor-to-coach/
Email Me | Phone MeHere since 2002, however things have evolved over the years.
Thayer, check out the replay that I gave to Portstar about Western Qld, the same applies for you if you are
interested.Regards
Ginamarree[]
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