Jon Investor replied to the topic Investing in Mining Towns in the forum Help Needed! 19 years ago
Dear Investors?
My shortlist for mining towns is:
1. Kalgoorie
2. Mount Isa
3. RockhamptonWould like to hear your views!
Regards,
JonJon Investor replied to the topic Investing in Mining Towns in the forum No Subject 19 years ago
Thanks for all the info investors, anyone have any views on the current real estate market in Mount Isa in terms of growth, supply vs. demand etc.
Regards,
JonJon Investor replied to the topic Investing in Mining Towns in the forum Help Needed! 19 years ago
Mckero,
A great and insightful response. I’m thinking of going down next week to look at the suburbs mentioned.
For searching, did you use:
1. http://www.domain.com.au
2. http://www.realestate.com.auWhich estate agents do you recommend based on your experience. Ray white seems to be on the ball, but the agent Signatures seems to be a bit over aggresive on…[Read more]
Jon Investor replied to the topic Investing in Mining Towns in the forum Help Needed! 19 years ago
Thanks Cabo. Anyone else have any news on Mount Isa? Would like to hear a few more opinions!
Regards,
JonJon Investor replied to the topic Investing in Mining Towns in the forum No Subject 19 years ago
Thanks again Don,
If you could please send me the PM details it would be greatly appreciated. What LVR are you getting on your loans I have sourced a broker who can secure 95% if you are interested. Do you think a price range of $200,000 – $220,000 is a good starting point. In addition can you recommend any real estate agents which have been of…[Read more]
Jon Investor replied to the topic Investing in Mining Towns in the forum Help Needed! 19 years ago
Dear Don,
Thanks for the insightful response regarding Mount Isa, your insights will prove valuable when purchasing in the area. A couple of questions:
1. What are the top suburbs/areas to invest in?
2. What are the property managment fees? Are you happy with your manager?
3. Do you forsee any capital growth in Mount Isa in the forthcoming…[Read more]Jon Investor replied to the topic Investing in Mining Towns in the forum No Subject 19 years ago
Thanks for your quick reply. Is the area very volatile?