Heard that Wandoan  has gone crazy.   Since the  announcement last week about the  BG's $60 billion gas development, investors have desceended on Wandoan and bought most of the existing houses that are for sale and any spare land for future building.  4 bedroom houses are being rented for $600 plus a week. This is only the beginning. Xstrata are believed to be making an announcement soon, and the there are also the final approvals for the railway and the gas pipelines.
 

Ray Mortimer of Wandoan Reality is doing a very brisk business.

Dodger

What now in Wandoan? After the article from the Australian of 1/2/10 (see scedd's post above) Ray Mortimer is being run off his feet. Investors want anything he has got, both houses and vacant land. Refer back to scedd's post of 17 December, he provides a word picture of Wandoan i.e. there is only limited land in the area due to swampy land  on one side, native title on the other and mining leases on the others.

The hotels, motels  and caravan parks are charging $130 plus per night for accomodation and these are booked out many months ahead by gas, coal and infrasrtucture companies. I can see rents reaching the dizzy heights of Moranbah and  Dysart. $1000 plus a week. Harry Potter in his post above seems to agree with this. And this is only the beginning!!!!

I suggest people to get into the area while you can. Get in touch with Ray Mortimer at Wandoan Realty. But do it quick as he is running out of property. He tells me that people are after any homes as they will knock them down and rebuild!!!!! 

Dodger

Have been nosing around Wandoan and it appears that it is in the phase of the calm before the storm.  Also Chinchilla and Miles are in line for more infrastructure projects with a new mine started near Chinchilla. Have you any further thoughts scedd