mpbajar wrote:
Hi,

I am a newbie in the property investing game- currently looking for a first investment. I would just like an educated opinion on the effect of the floodings in Queensland. I am looking at some spots in the mining hotspots, but now am having serious second thoughts.

What does the floodings mean? If the suburb that I was…[Read more]

DWolfe wrote:
Austy,This whole thread is a massive spruik. I'd be interested to see how much of this is genuine D

AGREED!

This is a forum supporting a community of genuine property investors and shouldn’t be used by spruikers selling their wares! If you want to advertise your properties then perhaps you should pay for and use the usual…[Read more]

austinvest wrote:

Magic Mark wrote:
Hi Austy,Hmmm…. Not sure how you knew that I worked for Atkinson Homes/Suncrest Homes Gladstone, as I had no intention of self promoting on this forum. I DO live here and things really are heating up.It is is no big secret what is going on here in Gladstone at the moment with all the press about the HUGE…[Read more]

AntheaProperty wrote:
I've never been in a position to need/take advantage of negative gearing. I went for a positive geared property. If you want cash flow go to the mining towns!

This is a strategy I’ve employed in balancing out my portfolio. Cashflow is obviously important. Earlier this year and after extensive research I purchased a high…[Read more]

Hi Paul,

I got into Emerald earlier this year. Emerald is a regional hub and as minichick mentioned it has more going for it than just mining which I think is important. However, in saying that I am extremely bullish about the Bowen Basin in general and the prosperity of the resources industry. I have researched the area and the resource market…[Read more]

Ben Kelleher wrote:
In my opinion, Being on the ladder is what matters. if you have LMI to pay, depending on your strategy with that particular property you may not notice it long term eg: if you planned on holding the place for 10 years and LMI was 9 grand it isnt much in the scheme of things. i guess it just depends on how good that deal…[Read more]

Johnny1974 wrote:
Confused?
Consider the ageing population? the masses of retiring/cashed up baby boomers with city/near city properties, looking to down size, free up some cash and escape the rat race you would think regional areas/coastal areas? Add to this growing crime rates? Global warming=hotter weather, I would have thought places like…[Read more]

Anyone got any thoughts about whats happening in Emerald at the moment?

JT7

shahabr wrote:
north east not so good, but i bought in glenroi which is east of the station and getting a pretty good return. general discount is about 14% mine was advertised for 190 and negotiated to around 160, and took the rent up from $150 to $210

so really does depend on what you are after, west of the station price goes up but so does…[Read more]

longdd wrote:
Hiany one had a look or had any thought about Fairfield (2165), NSW?

Hi longdd….I pretty sure Residex was recommending Fairfield in one of its recent Best Rents reports which predicts areas and products that produce both good capital growth and rental yields. Fairfield is a bit of a transport hub so good amenities. I’m sure…[Read more]

shahabr wrote:
have a look also at sqm research at the vacancy rates in the area and how low they have become

Yeah, rentals are getting pretty tight in Orange ATM. Some good buying closer to the centre and property seems to stay on the market for a while which can also lead to some good buying through negotiation….not sure about east of the…[Read more]

shahabr wrote:
Have a property in orange which is going great, good return and the area is growing.. definitely recommend it

Yeah Shahabr,

I really like Orange. I’ve been keeping a real close eye on it for a while now. I think you are right…the market is starting to pick up and could see some really good growth. The gold mine a real string…[Read more]

fredo_4305 wrote:
Hi all what are peoples thoughts on which state to currently put your cash in to?

IMHO I like NSW at the moment. I think Sydney is on a rising market although it has softened of late however, I do think it will pick up again early 2011. I think that there is also value out of town in some of the rural locations such as Orange…[Read more]

yaldwyn wrote:
I can tell you that I live in a mining town where rents are always strong and with good occupancy rates

Hi Yaldwyn…

wouldn’t happen to be Emerald? Only asking because I have property up in Emerald.

JT