FREE REPORTS as supplied by QLD govt. updated: 22nd…[Read more]

its all well and good for the blocks to be released but at the end of the day someone has to pay for the cost of the infrastructure and the house to be built, and at best at a minimum cost of 350K. 300 blocks wont be released or sold all within 12 months, most likely over a few years and this will sustain rental returns for years to come as new…[Read more]

hbbehrendorff wrote:
I live in Emerald and I work in blackwater sometimes and know the area well. I know people who live in blackwater that have been trying to sell there house for years, it seems to be a place that is a little difficult to liquidate.You should generally find that the returns will be better in blackwater then they are in…[Read more]

ive said it before and i’ll say it again, for me blackwater will be the next moranbah in terms of rental prices becoming comparable. blackwater is 3 years behin, If the washpool coal project goes ahead ealry next year i reckon 3 bed highset homes will get around $1000 a week in rent and those properties will be selling around 400-450K. just a…[Read more]

500 lots would cost over 25mil just to get the infrastructure put in place!! these will come on over a period of a few years for sure
developer would have to pay for the roads, power, water, sewage, phone, drainage…

projects links:

http://mines.industry.qld.gov.au/assets/mines-pdf/cq_bowen_basin_mines_and_staff_a3_may2011.pdf

http://mines.industry.qld.gov.au/assets/mines-pdf/cq_gladstone_region_mines_and_staff_a3_may2011.pdf

http://mines.industry.qld.gov.au/assets/mines-pdf/CQ_Galilee_Basin_Projects_map_A3_May_2011.pdf

JT7 wrote:

coalstar wrote:
my 12% return is safer than your 30% return

Still some serious downside to the US economy and I don’t there out of the woods yet by a long shot. Why go abroad when there are so many fantastic markets here in Australia!

Jack

exactly!

good read for sure!

my 12% return is safer than your 30% return

gladstone

if you buy house and land, furnish it, get a company lease for two years and you’ll get approx $800 a week in rent

Hi,

never been to Emerald, good to hear that the majority of the town didn’t get flooded. If the town has high parts within then they wouldn’t get floooded. Moura is a good example of this where the dawson river is about 10km away. As you head east from the river towards the river and start heading upwards you notice the town is built high…[Read more]

how do banks go lending in emerald with the recent floods? does this affect the lvr if the property is n a flood zone? are parts of emerald flood proof?

Talismans wrote:

coalstar wrote:
the point is if your getting 1400pw in rent surely you cant be too pandatic about the bloody lawn, just buy the tenant a mower and get them to cut; no need to be completely greedy

Agree Thanks guys! Do you guys notice there's been an increase of rents in dysart and moranbah as well? A 3×1 has recently…[Read more]

the point is if your getting 1400pw in rent surely you cant be too pandatic about the bloody lawn, just buy the tenant a mower and get them to cut; no need to be completely greedy

better off buying the tenant a lawn mower!

with the returns your getting in moranbah it would be a good idea to spend 40 bucks 2-3 weeks and get somene to mow it for you, its tax deductible anyway and keeps your place clean and tidy

living in Sydneys west I wouldn’t recommend buying new units of the plan as they are priced at the top end of the market. You def. see more growth in the lower end of the market for units.

Youre looking to spend close to 400k when houses in the area go for similar prices. Its a case where the developer has to sell at at that price to make a 25%…[Read more]

1. get a depreciation report if you havent already got one,
2. see an accountant and get a tax variation done asap, hence paying less tax each week which will improve your cash flow, e.x if you were to get $10,000 back at the end of the year, you might only get $1000 back.

try these links;

1. http://mines.industry.qld.gov.au/assets/mines-pdf/CQ_mining_energy_projects_and_map_May2011.pdf
2. http://mines.industry.qld.gov.au/assets/mines-pdf/cq_bowen_basin_mines_and_staff_a3_may2011.pdf
3. http://mines.industry.qld.gov.au/assets/mines-pdf/cq_gladstone_region_mines_and_staff_a3_may2011.pdf
4.…[Read more]