moranbah propery opportunity, page-2

Hi davidb
I started a thread on this 18mths ago.(link below)
Moranbah has proved very profitable for me and i still have 2 properties there paying huge rent.

BUT!!!!!

How much higher property prices there can go is the question.
I believe with the next wave of projects and mine expansions about to start i would estimate that maybe a gain of 100 to 150k is all that can realisticly be achieved.

The idea of investing in mining centres is to get in early before the projects start and you will realise the greatest gains.

http://www.hotcopper.com.au/post_threadview.asp?fid=273&tid=638119&msgno=6290#6290

Have a look at Alpha in Qld
I started a thread on this little gem earlier this year.
US 20 billion dollars worth of coal projects and power station starting October next year.

Some of the info i posted before is outdated now because the projects have become so much bigger now.


http://www.hotcopper.com.au/post_threadview.asp?fid=273&tid=852846&msgno=13851#13851

These links are fairly current as to what is happening there now.

http://www.steelguru.com/news/index/2009/09/20/MTEyNjIw/USD_20_billion_underground_coal_project_in_Queensland.html

http://www.theaustralian.news.com.au/business/story/0,28124,26094800-5005200,00.html


I hope this has been of some help.

Cheers Zed