If I offered $350,000 on a property and the bank valued it at $300,000, I definitely would not purchase it. Always try to buy BELOW market value.

Matt,

FHOCG is now only available for off the plan or newly built homes. And you would need to live in the home for a period of 6 months within the first 12 months of ownership. If you go 50/50 with someone else then only one of you may claim the grant, and if the other person has owned all or part of a place before than you wont get the grant.…[Read more]

That wouldn't surprise me at all. And I assume that down the track we will hear the company stating that due to the remoteness of Hughenden that they want a high percentage of FIFO workers.

Sunshine Coast would be a medium to long term proposition. Although I wouldn't be looking for any huge rises in the short term.

A charter company operating out of the airport is seeking contracts from Qld mining companies to operate FIFO to mine sites. The idea is to turn the area into a location that miners and their families can live on the…[Read more]

I have been keeping my eye on this. However haven't seen Guilford mention where they will source their workforce.