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Viewing 7 posts - 1 through 7 (of 7 total)
  • Profile photo of Jon InvestorJon Investor
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    @jon-investor
    Join Date: 2005
    Post Count: 8
    November 7, 2005 - 7:12 am

    Dear Investors?

    My shortlist for mining towns is:

    1. Kalgoorie
    2. Mount Isa
    3. Rockhampton

    Would like to hear your views!

    Regards,
    Jon

    Profile photo of Jon InvestorJon Investor
    Member
    @jon-investor
    Join Date: 2005
    Post Count: 8
    November 2, 2005 - 8:03 am

    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,
    Jon

    Profile photo of Jon InvestorJon Investor
    Member
    @jon-investor
    Join Date: 2005
    Post Count: 8
    November 1, 2005 - 8:11 am

    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.au

    Which 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 their views on the potential rental returns, I may be wrong.

    Would really like to hear your views.

    Regards,
    Jon

    Profile photo of Jon InvestorJon Investor
    Member
    @jon-investor
    Join Date: 2005
    Post Count: 8
    October 31, 2005 - 2:56 am

    Thanks Cabo. Anyone else have any news on Mount Isa? Would like to hear a few more opinions!

    Regards,
    Jon

    Profile photo of Jon InvestorJon Investor
    Member
    @jon-investor
    Join Date: 2005
    Post Count: 8
    October 27, 2005 - 10:25 am

    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 help to you.

    Kind regards,
    Jon

    Profile photo of Jon InvestorJon Investor
    Member
    @jon-investor
    Join Date: 2005
    Post Count: 8
    October 27, 2005 - 6:37 am

    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 years?
    4. Is the general demand for 4 bed 1 bath houses?

    Look forward to your response Don, I think I will be going down next week end to have a look.

    Kind regards,
    Jon

    Profile photo of Jon InvestorJon Investor
    Member
    @jon-investor
    Join Date: 2005
    Post Count: 8
    October 27, 2005 - 5:36 am

    Thanks for your quick reply. Is the area very volatile?

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