There is still a lot of hope for Moranbah! Have a read peoples! 

http://www.couriermail.com.au/business/big-red-hill-mining-project-set-to-create-3500-jobs/story-fnefl294-1226665890197

Seems to me Urilla that although you have some background in the field, you may need someone to step you through the entire development and who can equip you with the information you need to then amplify this on a larger scale once you have mastered something like a duplex development. I am working with a company who is stepping me through this…[Read more]

Yes JT7 in amongst other investments. Still pretty happy with it also but like my privacy, ha ha.

Also found this link illustrating approvals within the Alpha region. This is the information that effects the short and long term viability of Emerald QLD as a place to invest. They cant house everyone required for these mines around Alpha within the campsites. Emerald will have at least 15% of these forecast workers living within the city for the…[Read more]

The signs are looking better now out of China and with the share prices from BHP and RIO lifting substantially today, I think we are all optimistic about the potential economic stabilization currently forecast and intern increased spending by the miners in the Australian market. Great outcome for those central QLD mining areas re jobs, housing…[Read more]

Josh,
I would image this announcement a few days ago by the Federal Government (on the same day as BHP releases to the press that they are not proceeding with the expansion of Olympic Dam in SA) is going to continue to build interest around Emerald given the requirement to house these new workers? 4000-6000 (or more) required and min 25% living in…[Read more]

Hi Josh,

I have had a look at Emerald recently and seen that the rental prices have dropped from the lofty heights of $950 per week and now look like $700-$750 (which by the way is still a good rental yield).
I understand those prices may not have been attainable for a long period of time but as I am looking to buy again I am treading cautiously,…[Read more]

Josh,I have been told rental prices are starting to grow already after speaking with some local estate agents. Geting $1300 for 3 bedroom units/houses and $1600 for 4 bedrooms right now (not rented out to BMA) and the BMA strike discussions with the unions are still not resolved? With the market demand slightly down now due to these strikes, flo…[Read more]

Wakebrownb,

Where was your first IP? If you arent in around the mining region in QLD then I think you should right now. If you can afford it get into somewhere like Emerald QLD where the yields are 7-9% and the demand is only set to continue.
# large mines opening up in the next few years in Alpha and the FIFO workers will all have revised rental…[Read more]

michmich wrote:
Hi Josh, my partner and I were about to purchase in Emerald however our insurance broker who deals in mining prop..around Qld advised us not to proceed with the purch. Insurance apparently is very high, and Emerald is extremely flood prone. Is this correct? Were you affected in the last floods? He did however say that he agreed…[Read more]

Adrian,

As far as I can tell after speaking to some local real estate agents in Moranbah, a lot of locals are cashing in now and selling and moving to Mackay. I am in the market to buy in both Moranbah and Mackay (if I can afford both) and I am finding the prices are going up substantially in both still but especially Mackay. I was told a lot of…[Read more]