Hi Astra,
I spoke with my agent who said that the rental market is a bit flat at the moment. She said that she expects things to turn around in a few weeks as there is rumoured to be a few mining companies starting work there. She said that Moranbah and Dysart go in runs, the market can be fantastic one month and dead the next.

I did get a call…[Read more]

I was thinking about selling my house in Boulder till baout 1 hr ago. I was hoping to pay off my mortgage with the net proceeds of sale same as you. I spoke with the selling agent to give me a valuation of the property. She told me that at the moment she thinks my property will sell for about in the current market for $220k but in 12 mths time…[Read more]

I have an investment property in Moranbah that has been vacant for over 2months. Luckly for me the lease doesn’t expire till June 2007. I guess then I will need to drop the rent possibly by $100 per week. I spoken with a couple of local agents who said the ‘boom’ for this area ended last November/ December when families from Moranbah cashed up…[Read more]