Property Investor 1 replied to the topic Post Carbon Tax – The future of coal mining towns…. in the forum General Property 8 years, 11 months ago
That is great feedback. Thanks for your comments. I still think there is much confusion out there on what the implications are for industry & mining.
I would welcome others feedback too.
Thanks Portfolio PI.
Just buy Terry Ryders National Top 10 Boom Towns Report (May-Sep 2011) ….all your questions answered – in detail!Also check out demographics reports for the areas you are intersted in. They are a helpful source of information. Forecast population growth is a good stat to look for. Just ensure supply is limited though.But beware:After reading…[Read more]
Hi Portfolio PI,
I’ve now settled on property #2 in Dysart, and am now ready to buy again. Ive done my research and I’m pretty convinced that Chinchilla is a town that is going to boom. I’m currently searching for a property off-the-plan in Chinchilla. I’m also looking for an older style brick home on a block that I can subdivide.
You however…[Read more]
Thankyou for your comments. Further research is suggesting that Chinchilla would be a good investment. I’ve just committed to a second purchase in Dysart (Bowen Basin), but in 2 months I’ll be ready to purchase again. I’ll continue my research until then. I would welcome further comments on the Surat Basin as it seems like there are some amazing…[Read more]
I’m personally continuing to invest in Dysart as it has all the drivers to make for a great property investment for the following reasons:
1. Demand significantly outstrips supply (the perfect equation).
2. Vacancy rate is 0.2% (proof of the above statement).
3. Yields are currently 14% (normal for Dysart is 9-10%) – and capital gain always…[Read more]
Hi Sherry,I would recommend Dysart. My property out there is currently yielding at a staggering 14%, and the property has increased in value by $100,000 in the past year.I personally continuing to invest in Dysart (I have another purchase in the pipeline now) as it has all the drivers to make for a great property investment for the following…[Read more]