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  • Profile photo of Mr PropMr Prop
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    @mr-prop
    Join Date: 2012
    Post Count: 7
    July 7, 2012 - 5:46 am

    the million $$$ question! lol IMO Moranbah and Dysart have had their run and they are seeing property prices plateauing out or perhaps a ‘re-adjustment but that’s QLD not WA’. WA’s prices are still high but the talk there is that it’s still a big ole boom! Notably Port Hedland and Karratha. Have you researched any particular place?

    Profile photo of Mr PropMr Prop
    Member
    @mr-prop
    Join Date: 2012
    Post Count: 7
    July 6, 2012 - 2:44 am

    thanks for the link, I’m guessing by your comment you are not in favour of mining towns? and fwiw my strategy is due diligence…. I one day hope to own a ferrari! :)

    Profile photo of Mr PropMr Prop
    Member
    @mr-prop
    Join Date: 2012
    Post Count: 7
    July 6, 2012 - 2:19 am

    Cheers, appreciate everyone’s input!

    Profile photo of Mr PropMr Prop
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    @mr-prop
    Join Date: 2012
    Post Count: 7
    July 5, 2012 - 12:42 am

    Thanks for your reply Kong. IMO and from what I see in Sydney and Melbourne is that many investors are flooding the market (selling up), clearly it’s not working for them in this tight market and they just want out. A number of Agents I’ve spoken with confirm this too. Sad times for many and lucrative for others. I have to agree though, the idea of making money sounds more viable!

    Profile photo of Mr PropMr Prop
    Member
    @mr-prop
    Join Date: 2012
    Post Count: 7
    July 2, 2012 - 3:08 am
    fingerscrossed wrote:
    Hi everyone

    I have some very interesting and detailed stats (CMA Report) on the Moranbah rental market as of June 22nd if anyone is interested.

    I was going to post it on this site but decided not too.  Some of you could own the houses listed and may not want to have it displayed for all to see :-/

    I am happy to forward onto anyone who would like to see this.

    Cheers

    I’m new to the forums and don’t know how else to contact you, but I would be very interested in seeing the CMA Report, if you don’t mind sharing. I’m in the early stages of researching mining towns but I have to say after a trip there earlier this year, demand was high and I held off buying for a number of reasons. I now see it was a good move, given back then there were 2-3 properties whereas now, countless….. appreciate your time.

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