Hi Thommo

I have been investing in the Hunter Valley Area since 2003  (I am based in Sydney) and haven't looked back since making that decision – Its a great place to invest in my opinion and with the following infrastructure investment I believe the Hunter will only get better with time.

$1.1bil Mangoola coal mine; $320mil expansion of BHP Billiton’s Mt Arthur mine;
$2bil power station; multiple mines & power stations; gas pipeline to Liddell power
station; $1.4bil Hunter Expressway; $1bil current upgrade to Newcastle port; $1.7bil
in further port upgrades; $1bil upgrade to rail links to port

I actually have some photos of 6 of Projects that I have done up there on my Facebook page (if your interested)

I word of caution – Do your homework as there are the not so good and the better parts of town.

cheers

Hi guys

The joys of being crook and bored – I gave it another go on the $50k scenerio

Results
Funds invested – $750,933
Net Worth – $3,464,,758
Increase PA – 11%

I found it strange my net worth dropped from over $7 mill on turn 9

It is a bit of fun and can help with your tactics – seems to be more Cap Gains focused with cashflow positive being created thru low LVR's

Typical bankerd they want the cashflow – let the inestor take the Cap Gains on the punt

cheers

Hi Guys

Just had a bit of fun playing the game while sitting in bed getting over the flu

I played scenerio 5

My results were
Starting capital $274k
Total Invested $1.1mil
Nett worth $6.386 mill
Increase in nett worth 12%pa

bought 23 properties compared to the community average of 7
Sold 7 properties compared to the community average of 3
My average profit was 49% compared to the community average of 60%

Interesting figure was i earned $2.7mill in rent compared to the community average of $1mill

It s interesting but focused on capital growth – still happy with my result

cheers

Hi Josh and everyone

I think this now puts a whole new light on matters up in the Bowen basin

 http://www.dailymercury.com.au/story/2011/09/02/breaking-news-the-state-government-today-cleared/

But reading between the lines is interesting

cheers

hello Lee

Based on my experience it would be a CGT event as you have owned the property for more than 12 mths but you need to be guided by your accountant – if you are concerned you could apply for a  private ruling from the ATO.

I am interested in property in Moranbah send me a private message if you are thinking of selling

cheers

Here is a quick answer to your questions)

Q1 How do i find out if it can be subdivided before i acquire the property?
A1 – Call the council and speak to a town planner – ask the question

Q2  How do i find out if a residence can be built on the land before i acquire the property?
A2 – Needs to be put in the contract as a special condition and you would negotiate this with the current owner

Q3 What is the best path to go down with the application of the subdivision once the property has been acquired?
A3 You will require a Surveyor, possibly a Town Planner and maybe even a draftsman / home designer

Also you need to check on position of services, Ie Sewer, water and power , minimum lot size any covenants etc

It' s hard to give a definitive answer as it depends on your State and even which Council its in

This should get you started in the right direction

Cheers

shoooshoo wrote:

I'm a babe investor with my previous investments, i have not done much research, this time i committed to do a good amount of research. thanks for your comments.

Hi again Shoooshoo – good to see you are doing your research upfront that is a wise decision – you said in another post you wanted to find the next Dysart or Moranbah well here is a tip – what were they like 6, 12 or 18 mths ago – would you have invested in the towns back then?  You need to have some foresight and be prepared to back your judgement – there is also the case of going overboard and suffering from analysis paralysis

cheers

Hi Lolitsalan

It hard to say if its a good idea for you to start with a duplex in Perth as I have never built there – what I can say it I have built around 15 "dual Occupancy/duplex" dwellings over the years and have I made good money on them – It comes thru buying the land at the right price and engaging a good builder mostly on a turn key basis.If the numbers work then you should look at it – a way to minimise the risk would be to consider selling one unit and keeping one unit. And if you can sell one unit off the plan even better
The other point is that building a new dwelling is an interesting experience make sure you have a fixed price contract if at all possible and know that a the one place fixed is NOT fixed is in a building contract as they can still hit you up for variations. Make sure you can afford the payments and have a bit of spare cash just in case.

Good luck I Hope that helps

cheers

Hi there

I am currently looking at NEBO which I think has been overlooked and has some potential – there is still some cheap land available its 100 km from Mackay and 100 km to Moranbah and on the Junction to Dysart and Middlemount. AND there is a new railway maintenance depot about to be built at NEBO and its one big shed which will be able to house a full length coal train under one roof – that's about 2 kms in length.

See attached links http://www.dailymercury.com.au/story/2011/06/01/coal-rail-project-delivers-jobs/

http://www.abc.net.au/news/stories/2011/06/01/3232793.htm?site=capricornia

http://www.railwayobserver.com/index.php/freight/oceania/426-pacific-national-to-invest-aud-150-milliuon-in-four-new-train-facilities

http://www.ndy.com/projects/nebo-rail-maintenance-facility

What are your thoughts on the place 31/2 yrs down the track??