the latest figure released yesterday is $1.20AUD per tonne of coal produced.

agreed with Terry 100% here also. Don’t pay the loan down, just use the offset account. It only makes sense

Sorry for the delayed response.

I may be biased and call me to have all my eggs in 1 basket but i have made over $1m in the town of Emerald over the last few years. The reason for this is that house prices are still very affordable (although going up quickly). The reason for choosing this town is that it is not dependant on “hype” not everyone…[Read more]

exactly what JacM has said.

it is a capital expense and cannot be claimed until the property is sold. However if you have not paid it yourself then you cannot claim for it. The seller will make this claim when he files his tax return once the property is sold.

May I ask why they are paying your stamp duty? isnt that the situation of a desperate…[Read more]

try to gain an understanding of the vendors position first. this will help you get the timing right. I agree with gmh454 just sit back and wait. Sometimes relationships with agents aren’t as valuable as people say. Agents like getting a new buyer out of the blue who is quick to act. Maybe try having someone else put the offer forward once you have…[Read more]

apart from price what terms are you offering?

JT7 wrote:
fredo_4305,

I wouldn’t be too concerned about Queensland mate. The financial year 2011-12 we are going to see some massive investment due to the resources industry expanding. Queensland should display the strongest growth economically out of all states. Queensland predicts strong exports, a big jump in investment and household…[Read more]

in Qld it is about 40-50k as there are so many non-effective ones living off a retainer.

At the moment they are not earning much unless you are really good as the property market is in general pretty flat.

It is easy to earn over 100k though. The average commission charged to the vendor is about 2.5%. Their should be a 50/50 or 40/50 split…[Read more]

Hi property investor 1

the first thing that is not clear in peoples minds is that their are two coal industries in Australia. 1. The coal power plants and the mines that produce coal for them and second is the coal mines that produce export quality coking and thermal coal.

In the first industry mentioned, it will be adversely affected. A place…[Read more]

Im not privy to the NZ market but how much growth is it in for? Its not about whether you can pay a place off quickly or not, its how much capital and rental growth you will relieve over time.

Areas in Australia are in for some excellent short term growth over the next 3 – 4 years on the back of a potential 3.6billion worth of private investment.…[Read more]

Johnny
The mining industries and regions are some of the strongest areas to invest in when it comes to residential property. An exit strategy is key, look for areas that have a stronger industry base than Dysart is my suggestion. In the coming years I believe that regional QLD is in for stronger growth than more traditional investment…[Read more]

Property Investor 1

make sure that when you look in the Surat basin that you dont invest in an area that has a higher construction workforce than running workforce. In the LNG industries the figures are around 45-50% less long term workforce than construction workforce. Whilst the next 5 years might be GREAT! you may find that 45-50% of employees…[Read more]

Hi Henry,

Comments and opinions may vary depending on what you are trying to achieve from these companies. Are you just wanting sound advice or are you looking at investing on a long term basis with whichever company you choose?

Each company I assume will have their opinion on where to invest. Whilst there are many truths behind opinions out…[Read more]

QM wrote:
Hi,

Looking at the Gladstone area including Agnes Waters for investment or if all works out, eventually to live. Either way, heard it’s booming but still cheap to buy. Located south enough to avoid the stingers but north enough to have a surfing beach plus a ferry run to the reef. Mining is the industry that’s booming out there …is…[Read more]

agree with xdrew…It may be easier for accounting purposes to have a separate account for your IP. If you do this just create another offset account and have offset against you PPR.

Also just a tip, make sure that the managing agent disperses any rents received on a weekly basis (or even daily if possible but not many do this). That means that…[Read more]

Hi Terry,

whilst I am not retired (I did for a week until i got bored), I invest in areas with higher capital growth and rental yields than the areas you mention which help me build a larger property portfolio. If you are after cash flow than you want to achieve as much rent as possible obviously. From Ballina to Noosa rental yields are very low…[Read more]

moxi10 wrote:
Hi everyone on this thread. I've been researching my next property investment, and have found this particular thread interesting, so I'll add my question to it. Does Blaclwater flood?? Coalstar, if you're out there, I have noted your interest and apparent knowledge on the subject, so perhaps you can reply? I work in a coal mine…[Read more]

I invest in…and sell (just thought id let my position be known from the start) to my clients properties in regional Qld where capital growth will surpass that of the capital cities in the coming years. That is not just my view, it is the view of the majority of the big 4 banks. net rental yields are around 7% for a stable long term area, and…[Read more]

i have searched hours for the formula with no avail, i keep trying to make it but fail each time!

would love to see one or if i success i will post it here

Josh

Hi Anthony,

From first glance it looks like a tighter situation to move forward but i wouldn’t say it is impossible. let me strategise for a minute here, its what i do for a job!

First thing would be the valuation on your house. Did you only get one real estate agent around? i would get 5! or a $200 professional Valuation is a very good…[Read more]