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  • Profile photo of marklesliemarkleslie
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    @markleslie
    Join Date: 2007
    Post Count: 19

    If you are looking at investing in any of these towns, I would go for Dysart. Dysart has grown a lot and has a new mine opening up there. Middlemount has had one of the mines there close down recently.

    How do I know, I live in one of these towns.

    You shouldnt have bothered visiting Tieri…..it is a closed town, cant by any houses there.

    Rent is highest in Dysart and Moranbah.

    Dingo, Bluff and Capella are not good options as far as I am concerned.

    Profile photo of marklesliemarkleslie
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    @markleslie
    Join Date: 2007
    Post Count: 19

    thanks for hi-jacking my topic with a response that is in no way related to mine.

    Much appreciated!

    Profile photo of marklesliemarkleslie
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    @markleslie
    Join Date: 2007
    Post Count: 19

    the property I am looking at is a house on 2000sqm (2 titles). Asking price is 205K and currently being rented for 170 p/w.It looks as though the house is situated on one side of the block and there is a colourbond shed on the other side.  Do you think this would be able to be subdivided & if so does this sounds like a prospect that should be investigated more??

    thanks

    Mark.

    Profile photo of marklesliemarkleslie
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    @markleslie
    Join Date: 2007
    Post Count: 19

    Is that a 5.2% return before or after deductions (tax breaks) are factored into equation. Have been doing a lot of research on prices in QLD and I have found nothing close to 10% returns. Would love to know where these you get this sort of return, and if so does the capital growth suffer because of this (growth of area offering the high returns)

    Mark.

    Profile photo of marklesliemarkleslie
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    @markleslie
    Join Date: 2007
    Post Count: 19

    Thanks Terry.

    Does this mean I would essentially have 2 loans or would I combine the two into one loan?

    (would the offset facility only be available to the new loan?)

    Mark.

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