Hi stu_maccaI know exactly how you are feeling !!I recently purchased a property in Moranbah and also bought one in Dysart at the end of January.I have done extremley well out of both of these properties in terms of both growth and in rents.I too keep thinking that it is all too easy and too good to be true.  I always said that if things looked a…[Read more]

Yep, there already is an airport at Moranbah – they are talking about doing an upgrade

Hi againI just rang an agent at Moranbah Real Estate and asked him if there were any available rentals and he answered no and told me he had a waiting list of 80 people.I was told the same by Elders.I suggest that if anyone is serious about buying property in Moranbah that they make a few calls to suss out the area themselves.  I see it going the…[Read more]

Hi BuilderbobWho are these houses for sale with ?If  you do a search on Realestate.com.au there are no places for sale and there are no places for rent.One appeared today for sale at $560,00 but is already under contract.I am trying to purchase another property up there.  I have the agents on the job.  They have contacted me about 2 in the last…[Read more]

Yes, its all true what the agents are saying about property in moranbah.Do your reseach and you will see that there is HEAPS going on up there with much more to come.There are no houses for sale and there are no houses for rent – supply and demand kicks in and rents go through the roof. Property prices follow.Houses are selling within days and…[Read more]

Hi DamianI have recently done extensive reseach into the Bowen Basin.I bought a property in Dysart 6 months ago and the capital growth has been fantastic as have the rents.I also have a deposit down on an off the plan unit in Middlemount at a place called Prince Place.  The expected rent on these units is expected to be around $900 + a week and t…[Read more]

Hi VirgininvestorI have heard that Dale Gatherum-Goss in Kilsyth is fantastic.  Do a search on the posts to see what others have said about him.He was highy recommended to me – have not changed over as yet but have intentions of doing so.His number is 0397237699.cheersfingerscrossed

Thanks Richard, I will give Leonie a call now.have a nice day

Thanx for taking the time to respond Barney.Its great to hear from someone who actually lives in this area, as I would be buying sight unseen.Of course I would be getting the usual inspections done and I always get Landlords insuarace no matter what.I have taken your comments onboardcheersdebbie

Hi Jessica

You could try checking out these websites.

http://www.owner.com.au
http://www.goprivate.com.au
http://www.noagentproperty
http://www.zeroauctions

or mabe the Trading post.

cheers

Debbie

Hi Emil

I agree with julie.

I think that a 4th room is going to add value no matter what you call it.

We are planning on knocking part of the wall out of the “study” and taking half of the built in wardrobe from the adjoining bedroom next door.

My agent advised us that a house advertised as a 4 bedroom sounds more appealing than a 3 bedroom…[Read more]

Hi Emil

I recently had two seperate valuations done on my home. I have always referred to it as a 4 bedroom house – but both agents said that I could not call it a 4 bedroom home if it didn’t have a built in wardrobe.

They both completed my valuation as a 3 bedroom plus study !!

Even though my “study” was as big as two of the other…[Read more]

sorry again Marc

I have a brother named Mark with a k. Just habit I guess.

Thanks for your reply Linda.

I guess that after awhile you just wouldn’t hear it anymore – just get so used to it.

cheers

debbie

sorry Mark

I was a little vauge.

There “is” a sound barrier at the back of the property.

The yield of 5% is the going rate, according to real estate.com.au and other agents that i have spoken to, for the area and the quailty and location of the house.

The block can be sub divided.

The vendor was happy to lease back for 12 months at a 5% yield…[Read more]

To esnam

Thank you so much for your post.

You put my thoughts into words perfectly

I looked at it like swapping properties too.

Property goes through cycles and I thought that it was a wise move to buy at the bottom of the market then sell at the top.

I realize that this is not always advisable if you have invested in an area that has slow…[Read more]

Thanks Wayne.

So keep the IP – but what do you think about the equity line of credit loan ??? would this be beneficial to us if we want to continue to purchse property ??

debbie