HJBH wrote:
Hi guys,

saw this article

http://www.cqnews.com.au/story/2012/02/22/millionaire-buying-up-mining-town-bit-by-bit/

about a Sydney business man buying up houses in Dysart… was wondering if anyone knew who this guy is? and if he is still buying up after Norwich Park?

thanks for your help, this is a great resource for investors,…[Read more]

Emerald QLD is providing great cashflow positive opportunities. buy price however is $400,000 – $500,000

Hi Deepak,

Terry Ryder has a book on this. check out hotspotting.com.au

Hi Everyone,

A new short blog update for Emerald … http://ppiqldtour.blogspot.com.au/

Cheers,

schmoo wrote:
Shaky times for mining??

Contracts being cancelled for the China First coal mine – the biggest plan on the books.

What does this mean for Emerald, Alpha and surrounds?

http://www.brisbanetimes.com.au/business/palmer-project-under-pressure-after-40b-purchase-contract-cancelled-20120510-1yfpc.html

Any thoughts?

It does not mean…[Read more]

michmich wrote:
Hi Josh, my partner and I were about to purchase in Emerald however our insurance broker who deals in mining prop..around Qld advised us not to proceed with the purch. Insurance apparently is very high, and Emerald is extremely flood prone. Is this correct? Were you affected in the last floods? He did however say that he agreed…[Read more]

mattsta wrote:
i read about the closure of a mine/s in Dysart, QLD. will that have a negative effect on property investments in Dysart, or do you think it's just a minor setback as there are other mines in the area that are still operational?

There are many stories as to the future of this mine and the reasons for closure. Just to clarify, the…[Read more]

Hi Chubs,

Suncorp are on embargo at present and should be back shortly. RACQ do insure there and for floods if you need it. One of my clients told me today they insured with CGU with full landlord and flood insurance for under $1000.

Good luck

py wrote:
Hi Josh, What is your thoughts on Emerald for next 5 years or so especially it is located between Bowen basin and Gallile Basin?

Hi PY,

Emerald has been and will continue to be a great place to invest, with continual rental increases over the last several years and capital growth to match, the town still has affordable housing to…[Read more]

Great news about comments from agents and residents in Moranbah. Key strategies, I cant see where I have mentioned to only invest in towns of 30,000 , it may be a typo or it has been misread for 3000. I have been investing in Emerald for a long time and it does not have 30,000 people either.

It is with greatly unfortunate to hear of the closure…[Read more]

A very important factor to note when investing in mining regions is that most of the towns you look at investing in have very small population (less than 30,000 people). couple this with development releases at different times of the year as they are not steady like we see in the capital cities, and projects which have construction phases and…[Read more]

SethBill wrote:
Just check this morning from realestate.com.au that Blackwater 3 bedrooms house now cost about $600,000. I think it was up by $100,000 in the past 6 months. Can anyone make suggestion as to why Blackwater price went up so quickly? I think most of people in this post predicting it should be emerald in a hot seat instead of other…[Read more]

amandaj wrote:
HiJust looking into Emerald and doing some costings etc. For those who have IPs in Emerald, who do you use for your landlord insurance?Suncorp wont provide insurance based on the postcode (due to flood risk I guess), and NRMA gave a quote of over $3000 pa – obviously this would vary based on size of house, construction material…[Read more]

Qlds007 wrote:
Sorry Erin but living, working and investing in Brisbane and SE Qld i still have to refute your statement as clearly inaccurate and untrue.I discuss deals with valuers all day long and i am sorry the facts dont back up that statement dispite throwing the odd out of context media comment into the mix.You go ahead believing that a…[Read more]

rogerj wrote:
Anyone have any advice on investing in mining boom areas such as Queensland compared to investment properties in America? From what I’ve read, the yields seem fairly attractive in both, yet the long term prospects of mining areas may be limited??

Appreciate any advice

Hi Roger, the markets of the USA and the mining areas of QLD…[Read more]

adzlea wrote:
schmoo [4 Posts]January 23, 2012 – 11:22amJoined: 09/01/2012Why would there be 67 properties for rent in Moranbah when there is supposed to be high demand for rental properties? The rental prices are still high.Hi SchmooThere are 67 houses for rent because the R/E doesn't take them off the website once taken, there are always…[Read more]

sporty1 wrote:
Hi all,Has anybody had any dealing with Trebe Constructions in Emerald?If so how did you find the experience?Sporty1

Hi Sporty, Im not going to comment on individual builders here however I do know some of there packages arent as turn key as other builders, which is factored into the price obviously. So just make sure that you…[Read more]

Shiny_Suit_Man wrote:
Coal bed Methane work is starting to really take off again.  New drilling rigs are coming in, there are supposed to be quite a few coming into the Surat/Bowen basin area.  These rigs are normally crewed from places like Roma/Chinchilla, Toowoomba and surrounding areas.  Not sure if anyone on here is really interested in th…[Read more]

schmoo wrote:
Hi and thank you for an interesting and informative thread!I'm a Sydney investor with a couple of blue chip negatively geared properties with steady long term capital growth projections. I've also a house in Melbourne and a house in the Gold Coast.  All are long term investment strategies. I'm in need of some CF+ additions to the…[Read more]

seantg wrote:
What about towns such as Blackwater and Emerald?Anybody keen on them? The rents are rising, don't know about the capital appreciation.All thoughts welcomed.Sean.

The capital appreciation has been great in these towns, some of the top in the country over the last 10 years and even last year alone. By studying the growth drivers…[Read more]