Jaidee wrote:
Are you able to assist with properties in Gladstone !thanks

Hi JD,

Thanks for explaining the NRAS a bit more, I try to have my head around as much as I can but there is just so much to know about! It relieves my nerves knowing that you can sell outside of NRAS. My other question is, being an NRAS development, would this mean…[Read more]

katmat wrote:
Hi Josh,

I’ve been keenly reading through all of the threads and your updates, as well as doing some of my own research and I must say that the most interesting area for me constantly comes back to Gladstone. Although prices seem to have already spiked I am keen to get in still (and sooner rather than later). What can you offer…[Read more]

shoooshoo wrote:

….thanks Josh, your da man.. also i’m starting to hate my due diligence!!!! hahaha. where did you get this info from? also i was searching for your phone number, thought i would give you a ring and have a chat.

Hi Shooshoo,

Don’t worry I think everyone wishes investing in the right area was easy but it’s just not! We all…[Read more]

Jaidee wrote:
Hi JoshCan you please offer advice on –  Gladstone vs Bundaberg vs Mackay. I'm NSW based and not overlly familiar with Qld market, but have been looking at few NRAS properties…there's one being offered for $270k (2bed villa) in Bundaberg. But thinking if its worth investing in Gladstone or Mackay…I can go upto $400k.Im a ne…[Read more]

shoooshoo wrote:
Hi guys just read this article about the massive mining investment from the Indian company in galilee basin. Is this the mega mine happening in alpha?

http://www.theaustralian.com.au/national-affairs/from-pit-to-port-indias-10bn-coal-export-plan/story-fn59niix-1226118491805

Hi Shooshoo, there are 4 mines currently all at…[Read more]

shoooshoo wrote:
hey guys, what are your thoughts on this:

http://www.dailymercury.com.au/story/2011/03/11/expansion-plan-opens-more-land-for-housing-mackay/

its about the Issac Shire council giving green light the for Dysart to expand with 50-60hectares of residential lots. how many houses can you put on that amount? and what do you think is…[Read more]

Past performance is something to look at with a grain of salt. None-the less it is still an important part of conducting a due-diligence. This does not mean that if it has had poor growth in the past than so it will be in the future or vice-versa. However it can actually mean the opposite.

When looking at past performance of a suburb, it can help…[Read more]

Yes it is…

Exert from ATO
“Similarly, if you take out a loan to purchase land on which to build a rental property or to finance renovations to a property you intend to rent out, the interest on the loan will be deductible from the time you took the loan out. However, if your intention changes, for example, you decide to use the property for…[Read more]

Quote:
Hi Josh,You mention some builders are really bad, especially Vantage homes.Care to mention why and who are they?

Hi Banz,

from my experience with building some of my own properties in Emerald, they built about 10 houses in the same street surrounding my properties and they all looked the same (with minor changes). The locals on the…[Read more]

Investingnovice wrote:
Josh,

I am planning on buying a 3×2 Brand New Townhouse on Fowler St (West Gladstone) being managed by Elders real estate. Did you have a look at these town houses what would be your recommendations for buying one of these properties . i.e. location, construction of homes, rentability etc etc

Hi Wendy,

any chance of a…[Read more]

Lucky I Guess wrote:
Hi Josh,Ive been reading your travels, and I was wondering whether will be expanding your areas of expertise to other mining areas.I for one have been looking very closely at the Oaklands Basis and am thinking this could be a place to sneak in on the ground floor.Do you know much about this area?

Hi,

I am definitely…[Read more]

max147 wrote:

StevieC wrote:
I would be careful about the Dysart units. I was offered these by a property website at $425k & found them in the paper up there for $415k. Like most of these projects the developer has to sell so many off the plan before the banks will lend the money & I have heard he is not flush with funds.If he doesnt sell all…[Read more]

also the town has grown a lot since 2006. over 400 blocks have been released, sold and occupied. over 150 units built and occupied. the town is unrecognizable from 2006. you are talking about less than 1% of existing houses being for sale in reality, I would love to be in that market!

shoooshoo wrote:
according to realestate.com.au there are currently about 300 houses for sale in Emerald, and the 2006 census states there are 4500 private dwellings. we have to wait for the 2011 census, but with those figures 6% seems a bit high of available houses for sale, considering the sqm data as well. I’m no expert, if someone can…[Read more]

shoooshoo wrote:
according to SQMresearch, there are 122 properties that have been on the market for sale for more than 2months in Emerald. there are some that have been on since 31st of March 2009!!! what is going on?

hi shooshoo,

I can’t view the whole document as it asks me to pay for it and I’m not keen to do that. what initially shows up…[Read more]

Definitely go Emerald, a lot more diversity in its economy and set in a good position when the Alpha mine come online in the next few years.

hbbehrendorff said it all I think, as an ex-local of Emerald, I agree here.

katmat wrote:
Thanks for the response and spending time providing me with some clarity on what your company can offer. In essence you are a 1 stop shop for investors from start to finish which I like being a first time potential investor. I’ve done some of my own research and although I like what Emerald and Mackay has to offer, I still feel…[Read more]

KeyStrategies wrote:
Josh – you are the regional expert – I know that Emerald is your favorite town – However I would like the hear what your thoughts are on the potential of Nebo as a place to invest?

Hi,

At a glance, Nebo’s population declined between 2001 and 2006 by 51%! poor lifestyle opportunities maybe? its median sales price is rising…[Read more]

JT7 wrote:
Hi Josh,

I know your bullish on Emerald and would be interested in your opinion, and anyone else with experience in this market, your preferred product ie. unit or house considering future developments in the area and having made a selection whether new or established?

Jack

Hi Jack,

late reply here… I am quite bullish on…[Read more]

shoooshoo wrote:
Hey guys,

have you considered Blackwater? i’m trying to search for the next Moronbah/Dysart, do you think this could be it?

Personally I don’t think so, Emerald is 75km away, just to close to make it like Dysart or Moranbah where Mackay is at least 200km away. Although blackwater has some great returns and growth also. it has…[Read more]