India is also a country with ppl japan and also all of south east asia, China is only part of the story, then you have american consumers; and 500mml chinese moving from third world to middle class citizens in the next few years.Buy well and at a discount, increase your yield and you'll do well in mining towns; Moranbah though is way too…[Read more]

most importantly you will need a fire wall to be built if one is not there, approx 10k if cavity roof

KevinR wrote:
Hi All, Long time reader first time poster – What are the thoughts on collinsville? I have done a lot of research and most signs suggest large capital gains and increased rents are just around the corner? If anyone can assist with thoughts or research they have done it would be appreciated! This is my first foray into the…[Read more]

charmhaven

Mackay has the edge over Singleton although you should get good growth over the next 5 years at both townsCheck out Adani mining…..proposing to build a new coal mine exporting 60mtpa (create new qld town west of Moranbah), railway and port at Mackay

if your looking for capital growth over the next 2-3 years then i'll be staying away. you will get good yields though so really depends what your after. Nothing dramatic is going to happen on the cc for prices to risethe whole area has been stagnant for a few years now. there is heaps of land and not enough demand. I just offloaded one of two…[Read more]

1

have been looking at regional towns of muswellbrook, maitland and singleton. Just wondering which town would be the best to invest in for capital growth?Also, I've been having trouble finding data on new mines that are existing and proposed in the area showing workforce etc, nsw planning website is terrible unlike qld's department of mines!!Can…[Read more]

Portfolio PI wrote:
HI Everyone,

Nearing the end of the year it would be great to hear everyones experience with regional QLD and how your properties have performed!

Its great to see the rental yields throughout regional QLD raising, unfortunately there are still areas where the council / developers / banks are not being pro-active enough in…[Read more]

Scott No Mates wrote:
A seller would be more likely to agree to allow access for leasing but would not agree to a clause allowing settlement to be delayed indefinitely as you can't find a suitable tenant or one at a high rent.

not true, it all  depends on how good the agent is1. subject to obtaining a lease agreement at $………. prior to s…[Read more]

any conditions can be negotiated into a contract as long as its specified as an 'annexure' in the contract of sale and initialled/signed by both parties. It has worked with me every time ie; longer settlement, longer due diligence clauses extending the cooling off period, subject to finance approval, less than 10% deposit and securing a lease pr…[Read more]

the towns i think that will gain the biggest upside will be whyalla as the desal plant will be built there and port augusta with the new port etc.for me roxby downs is too risky as new housing will be built there to accomodate the new workers which means i don't think you will see returns high enough to justify buying there. the coastal towns a…[Read more]

its definately not cheap getting tradies to do work in the bowen

there is also talk of a new town been created for this project; there going to need around 4000 workers with export capacity of 60mil tonnes

nathsn8686 wrote:
hi Josh,

What are your thoughts on Clermont with the Adani mine being so close.

Also have you noticed any properties with cracking in the brickwork and gorund slab due to the proximity of blasting from the mines.

carmichael mine will be about 150km north of clermont

does anyone know if you have a property under a call option agreement/contract, say for 12 months, can you collect the rent (total or part of) for that period and whether income tax would be payable?

great blog, things in Mackay look promising indeed, and for me is more a stable city to invest in than Gladstone for the long term

hbbehrendorff wrote:
The clock is broken !

armagedon is coming!!!!!!!!!!!!!
lol

update or washpool coal project near Blackwater;

http://www.aquilaresources.com.au/files/Washpool%20Hard%20Coking%20Coal%20Project%20-%20DFS%20and%20Rail%20Capacity%20Update.pdf

freehold land means the vendor owns the land outright from the ‘crown’ or commonwealth whereas leasehold land is leased from the crown for 99 years. you can apply to convert leasehold to freehold but will cost you approx 70k. that is, you have to pay the difference of what the land is worth at ‘market rate’ or the what the valuer general believes…[Read more]