does anyone think that moranbah has the potential to have the same prices as karratha/port hedland?

offer higher rent return and try get a 12mnth lease. Im just wondering though, can you sub-lease under a company name and is there a limit on how many properties you can sub-lease?

rudd’s lost the plot… The tax might work if he re-invested some the money in public owned infrastructure in the bowen or wa but to use it to pay off insulation and handouts is like having kindergarten students running the canteen

Pretty easy to find out how many rentals in a town. Just go to realestate.com and look at how properties listed for rent (check when available), then cross reference with the particular agents web site in town; i.e. lj hooker/gladstone for instance.

I’d be careful what I’d buy in Moura atm. Theres alot of properties listed for sale so you should…[Read more]

you should be able to get finance, just add the mortgage insurance onto the loan

alot of houses for sale in Moura atm. Could pick up something under 200k with good negotiation. On the flipside, only about a dozen houses available for rent in Blackwater!

germany should pay back greece 100 billion dollars worth of gold (1940’s worth ) it stole from greece during world war two

This tax will shelf more projects as there will be less profit for mining companies to make. If shareholders aren’t getting dividends that there after it will force companies to mine overseas where there’s more net profit to be made. It will also result in pushing resource prices higher and countries like China will buy from supliers like brazil…[Read more]

Belvedere won’t begin ground works till around 2012. Dawson North, which will employ an extra 100 employees wont make much of a difference. I really don’t see a boom in Moura for another 2-3 years…

I believe Blackwater has the most growth in in over the next ten years.

newbi2

check pm, thanks

a new taskforce is been set up in qld to help fast track mining projects. I believe these towns should benefit from this in the coming months

I think you will find it extremely hard to rent a house in Moura for $495 a week atm

Thats true about Banana. The problem with Banana though is that it is extremely small in size and has no services.

Everald Compton releases a monthly newsletter called “Everald @ Large”, always makes for very interesting reading.

usually the people that make these predictions are journalist making speculative headlines to try and sell papers and deffinately dont make a living through real estate investing…

if you put in a 35k deposit how many years before you could recycle it? my guess would be around 10yrs meaning imo this is a complete waste of time. better off buying a cheap 2 bedroom unit, 6% yield, small reno, increase the rent leading to a 7-8 percent yield.

around 50 new homes will be built in moura in the next few months in the Dawson view estate

what happens if you only sell 1 or 2 units, then rates start to creep even more upwards? will you be able to service the loan on a lower yield? You also have to put money into the sinking fund as soon as you sell one unit. Its not as straight forward as you think. If anything, you should try and get control of the property under an option, strata…[Read more]

DodgerC wrote:
Succint reply.  Also there will be a number of gas pipelines going through Wandoan to Gladstone. Roger

Exactly, which will see the CSG industry boom. Looks like everyone has been doing their research. Might have to start shopping for bargains!

In regards to Moura, I have property there and have had the same issues with ma…[Read more]

Well my prediction is property will generally go up around the country.
Its funny how between 2002-2007 interest rates were on the incline yet property went up in the value. Rates will start to rise again but that won’t stop ppl buying property.
There’s a massive shortage of undersupply and that will remain the same for the next ten yrs. Intake of…[Read more]