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  • Profile photo of TurnbyTurnby
    Member
    @turnby
    Join Date: 2005
    Post Count: 6

    Hi Everyone,

    Lots of great ideas so far. I went to an invester club meeting and there seems to be a lot of interest in these North Qld towns –

    QLD
    Blackwater
    Emerald
    Mouranbah
    Mt Isa
    Ayr
    Charters Towers

    Some of these are mainly reliant on the mines, but from what I heard and seen is that the towns are haveing huge meetings with all the Town Planning experts around, and long time stayers on how to plan to use all the money that will be put back into the towns from this phenomenal mining boom we are in. I was reeding a stock brokers report saying that the mines always like to have a decade worth of stock to fall back on, and at the moment anything they dig up is shipped off. So once the mining boom is over there is still that need to stock pile aswell. I have heard from different sources of about fifteen to twenty years of strong mining activity. Which will intern give the towns with forsight time to plan for other industry and infostructure, to see that there grandchildren grow up in the same towns.

    Just Thought I would pass that on, tell me what you guys think.

    All The Best

    Turnby

    “To recieve we must give”

    Profile photo of TurnbyTurnby
    Member
    @turnby
    Join Date: 2005
    Post Count: 6

    Hutch Hutch Hutch,

    Very disapointed mate! I like that you think you can buy every property in the world but trust me you won’t be able to. I was afraid people like you would try to ruin it for everybody. Just for your sake I will try to explain it a bit clearer. Lets say for example that you buy a place at …… or two or three you are going to eventually run out of money or do the smart thing like diversafying eventually. So I don’t think that when this accurs that it is going to hurt anyone other than yourself by keeping it to yourself.

    Also hopeing that we could keep this area clean for suburb suggestions and if you want to make a statement than start a new subject under that suburbs name for e.g. a suggestion was made on Hedland and now there is a topic called Hedland where you can change ideas as much as you like.

    All The Best Guys

    Turnby

    “To recieve we must give”

    Profile photo of TurnbyTurnby
    Member
    @turnby
    Join Date: 2005
    Post Count: 6

    Hi everyone,

    Thanks for the help guys, I think the fact that both towns might be overprice scars me a little. Is there towns in W.A.that still have potential for growth or are not over priced that are still cashflow positive.

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