All Topics / Help Needed! / Bowen Basin QLD Mining Towns – Opinion on offer
Thanks Lisa, its always great to have someone on the ground to give some honest to goodness advice.
I am sure for the council to give permit to the builder, it must have already done all the necessary homework on the builder/developer, and also since this developer doing the Garden Plaza is also developing the shopping and carparks in 5 stages, it does indicate that they are not just in for the quick profit, but also for overall wellbeing of the local residents.
Just on the wet season thingy, how likely do you think that area around Garden Plaza is proned to flooding?
icegoffy wrote:Thanks Lisa, its always great to have someone on the ground to give some honest to goodness advice. I am sure for the council to give permit to the builder, it must have already done all the necessary homework on the builder/developer, and also since this developer doing the Garden Plaza is also developing the shopping and carparks in 5 stages, it does indicate that they are not just in for the quick profit, but also for overall wellbeing of the local residents. Just on the wet season thingy, how likely do you think that area around Garden Plaza is proned to flooding?Hi Icegoffy, it will never flood – Dysart physically can't flood, the town is built on a crest with creeks close enough for quick runoff but with banks high enough that they will never overflow. The bridges go under during a good wet season for a few hours but they were built much lower than the banks.
Cheers
Lisa
camnlisa wrote:Hi Icegoffy, it will never flood – Dysart physically can't flood,
Lisa
Thats what they thought in Toowoomba
Lisa, do you know if whether the atmosphere in dysart is it dusty since it near the coal mines?
what about getting builders/developers to work on a property site in dysart? will it be a problem getting people , since builders are competing with mine sites for manpower?
its definately not cheap getting tradies to do work in the bowen
Hi Lisa
I am a newbie looking to invest in Dysart t. I haven't been able to visit yet and was wondering if (seeing as you've lived there for so long) email me some info on the developments that are happening there at the moment or any that are planned for the near future? I am trying to complete my due diligence but cannot find that kind of information online. Do you know of any land releases in the wind? That sort of stuff.
Hope you can help?
cheers
Elenishoooshoo wrote:hey guys i'm considering buying this unit in Dysart, i have heard that this unit, or maybe something like it, was going for cheaper in the local newspaper. http://www.realestate.com.au/property-apartment-qld-dysart-107626389shooosho, read this post in the link below.
I was keen on these also as I have an IP in Dysart since 2005.
They were in the paper when I went up there & I was already looking at these units through Carly so I wasn't impressed.
As I said in the post, I have been informed that the guy hasn't got the money atm.
I decided not to go ahead but that's just me.
If I were you I would have a talk to local RE agents for their take on it but of course if they aren't in for a sale they may be prone to be negative on it.https://www.propertyinvesting.com/forums/property-investing/help-needed/4337447?page=4
Hi all,
Is their a seasonal dip in tenancy in Dysart?
Fewer people around at Christmas??
I was surprised that I was advised that BMA had moved my tenants out 3-4 months before the lease ran out. (Nov)
Cheers,
Steve
Anyone have any opinions/facts/experience with the new development in Dysart called Jacaranda Central???
Daedalus wrote:mining towns in the Bowen Basin in QLD.I was excited when I read this then realised the thread was made almost 4 years ago…. has the ship already sailed?
I saw Dysart at the top of a national list for rental yield back in Jan when I got serious about investing.
But I can't afford $600k as a first IP and not really set on risking it all for one industry anyway.Sure there are multiple mines near most towns, but I thought somewhere like MacKay or Rockhampton would be a safer bet for a first IP in case china craps itself…. also Margaret Lomas is always banging on about Gladstone…?
My question is, how much are these areas affected by future mining developments? Can you reap the rewards in the larger, further away towns, or is it best to go straight into the actual mining town?
Also any news on the Galilee basin… all I can see is people screaming hippy apocalypse?
And Abbot point? Why is Bowen the proposed port and not MacKay?
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