Submitted by <a href="http://null/user/homersyd&quot; title="cssbody=[bo_user_body1] cssheader=[bo_user_hdr1] header=[<div class="boxoveru_header">homersyd</div>] body=[<div class="boxoveru_body"><a href="/user/homersyd">View Public Profile</a><a href="/search?edituid=91189">View all posts by this user</a></div>] fixedrelx=[0] fixedrely=[10]…[Read more]

Article in Mackay Daily Mercury today;http://www.dailymercury.com.au/story/2011/12/01/demand-drives-9b-expansion-of-abbot-point/Plans to expand Abbot Point have been "supersized". Total number of proposed terminals increases to 9 due to demand from mining companies. The mining companies don't seem to be fazed by carbon tax, resource rent tax or…[Read more]

Hi AmnesiaI had a look at the article you provided a link to, which is similar to one I read in the Gladstone Chronicle. As with so many other articles, the accuracy and reliability of their information is questionable. They both state that  the median (actually your article refers to it as the "average") house price in Gladstone had risen by 1…[Read more]

Hi Shoo ShooI ended up having unresolved issues with my planned purchase in Middlemount, and after wasting about three valuable months dealing with people who tried to keep me hanging on a thread with vague reassurances and delaying tactics, I have pulled the pin. Three months delay in the booming Bowen Basin has  obviously cost me some lost…[Read more]

Thanks Lee and Lefty for your replies. I'm currently looking at properties near the CBD with high density zoning and development potential with a view to hold for a while. I looked at similar properties in Gladstone about a year ago but bought a nice 4 bed 2 bathroom in Kin Kora instead. While I am of course very happy with that purchase, there…[Read more]

I'm not sure yet, still negotiating through broker. Will let you know how I go.  It's Interesting following your comments and progress and the conversations you stimulate. I'm very interested in the Queensland mining regions myself. So much activity and so much temptation! We're spoilt for choice in the current environment.

Hi ThommoIf you havn't done it yet, type in "muswellbrook" In search bar top right corner. A few threads will appear. I have a couple of properties there myself which are going well. The local council is proactive and aware that the rapidly expanding population will require increased services and amenities. They have purchased a large heritage b…[Read more]

Hi ShoooshooI'm currently applieing with ANZ for finance in Middlemount. Not finalised yet, but early indications are that existing customers may be able to obtain much higher LVR than others mentioned here. Also, as there have been warnings on these threads about long-term completion dates for off the plan purchases, you should look very closely…[Read more]

Hi JackBuying new would probably increase the liklihood of leaseing to a mining company. The new developments are a little further from the amenities and the popular night life, which make them a bit less appealing to the workers, but I doubt if the mine managers are concerned by that aspect..A big percentage of the current demand for rental…[Read more]

Sorry for late reply shoooshoo, but I see Josh gave you a comprehensive answer to your question on another thread. His advice is sound.

Hi everyoneOn the fly-in fly-out topic, it's worth noting that some unit developments currently on plan and under construction in Middlemount and Dysart apparently have mining companies competeing to lease units at rates in excess of !0% yields on long term leases. This indicates that they still anticipate long term high demand for rental pr…[Read more]

Hi JoshI'm sticking as close to the CBD as possible, but on relatively high ground for all the obvious reasons.

Hi JoshI have a house in Kin Kora and monitor developments in Gladstone with keen interest. I noticed on another thread that you said you think the "window of opportunity" in Gladstone is closing. I've noticed that in spite of the high demand for properties in Gladstone, the supply seems to have kept pace. Are you suggesting that the supply is…[Read more]

Hi Josh, and thanks for this offer to share information. I am currently investing in the Bowen Basin, and have been progressing on a contract for an off-the-plan unit in a development in Middlemount due for completion late September. I am planning to purchase two more suitable properties in the near future, with a preference for new properties wh…[Read more]

On the subject of the Gallilee Basin development, obviously the fly in fly out option will be utilised by the mining companies, and will be a big influence on the prosperity and development or lack thereof on nearby centres. If I were employed on a mine site in the Gallilee Basin on a fly-in fly-out basis, I would prefer to fly right…[Read more]

Hi everyone on this thread. I've been researching my next property investment, and have found this particular thread interesting, so I'll add my question to it. Does Blaclwater flood?? Coalstar, if you're out there, I have noted your interest and apparent knowledge on the subject, so perhaps you can reply? I work in a coal mine myself, in the…[Read more]

Hi again, davebeth There is no all encompassing answer to your question about furnishing rental properties in Muswellbrook. Nathan Birch made the point that demand for furnished properties fluctuates. This is largely due to the fact that demand is primarily influenced by short-term tenents involved in construction projects at the mines. Many of…[Read more]

Hi davebeth and other forum contributorsI'm a fairly new member to the forum, and although I've contributed little to date, I've been reading the posts for some time and find the shared information on this site invaluable, and so I would like to offer my contribution.I've had two investment properties, both houses, in Musswellbrook for about a y…[Read more]

Thanks Jamie M and Qlds007 for your information.