Blog

Would you like to make 1/2 $1,000,000 and be paid to do it??

Fri, 17 Feb 2012 01:51:00 GMT

Has there ever been a more certain bet in residential real estate investment than what Mackay offers right now??

Please read the following article from The Australian:

We have high quality house and land packages in the best estates in Mackay for around $500,000 that are cash flow positive for most investors. So they pay you money to own!! Not only that but the QLD govt currently give’s you $10K cash for the privilege.

If that $500K grows at just over 7% for the next 10 years you make $500,000. At 7% growth this would be lower than the national long term average for houses for the past 60 years. If you average 10%, which is around the nations long term average, you would make just under $800,000.

From the mining projects outlined in the article above Mackay is going to experience massive population growth. Before most of these unprecedented announcements the population was set to grow by 70% in 10 to 15 years. That’s almost like building another Mackay all over again!!

This population growth will come from well-paid miners, on incomes far higher than the national average. So there are no affordability issues like the majority of the countries property markets supposedly are under. It’s hard to see how supply of housing in Mackay can possibly meet demand. And that’s total supply. So what do you think will happen to the prices in the most desirable estates??

If you want more information about this call me, but don’t delay too long as land prices are rising right now.

Thanks

Chris Halpin
0438 833262
www.estatesforsale.com.au

Mackay in QLD is about to boom

Tue, 17 Jan 2012 10:26:00 GMT

Hello,

I was reading a great article last night in this month’s Australia Property Investor online magazine. It discusses the impact that fly in fly out workers will have on Australian property markets.

What it further cements is that Mackay in QLD is about to boom due to its location and ability to service so many massive mining projects. I have attached the article, and please note on page 2 that a recruitment company predicts that 140,000 mining related jobs will be created in the next 2 years.

Has there ever been a better time to invest??

Where is all the housing going to come from??

Thu, 22 Dec 2011 04:44:00 GMT

(image: Mid West Major Projects Summary December 2011)

Hi,

$27 Billion in investment and 13,000 jobs, but where are the houses going to come from??

Have a look under residential development in the following link. Other than some fancy units at the marina, a retirement village and Seacrest Estate, no one else has any applications to develop residential housing;

Happy days for Geraldton investors.

Merry Christmas

Chris Halpin
0438 833262
www.estatesforsale.com.au

More good news for WA investors

Wed, 14 Dec 2011 10:14:00 GMT

Hello,

Every day I read the papers and find more good news for WA investors (Geraldton, in particular) as follows:

New school for Seacrest Estate

Western Australia's economy grew by 8.4 per cent in the September quarter, the fastest state growth ever recorded by the Australian Bureau of Statistics

Geraldton property boom has begun

WA accounts for 10% of the countries population by ½ the economy

Regions strike the mother load as mining boom bites

Some will make a fortune, others will read about it years later and say “if only……”

To your success.

Chris Halpin
0438 833262
www.estatesforsale.com.au

Builders Boost year end countdown

Thu, 08 Dec 2011 06:42:00 GMT

Hello,

If you have clients interested in investing in QLD they need to jump in very soon or they will miss out on the $10,000 QLD Builders Boost.

Please see the following link from the API for more info;

$10,000 building grant buyers must act now

With the Christmas break only 1 week away, as you know everything will shut down for at least a week, but more likely 2 weeks. So if your client then pays a holding deposit on a QLD investment property in the second week of Jan, they need the builder to prepare and send the building contract, your clients to sign and return for the builder to counter sign before the end of January. While this is possible it rarely happens that quickly. So please send the word out.

Call me any time to discuss.

To your success.

Chris Halpin
0438 833262

The Property Boom is ON in Geraldton

Wed, 07 Dec 2011 01:06:00 GMT

Hello,

The majority of you have seen what happened in Gladstone. When I started recommending investing there the house and land packages were selling for $420K and renting for $420 per week. As you probably now know this is now the hottest property market in the country and those $420K investments now sell for $550K and rent for $700 per week.

Well I have been banging on about it for around 6 months now property prices are on the move in Geraldton WA. Please see the following article from the local Geraldton paper yesterday;

Property Boom is On

I started selling investments in Seacrest estate in Geraldton at $450K with rent of $450 per week. A massive benefit to buying a house and land package in Geraldton is that the these $450K house and land packages sell for around $500K as a completed product. This dynamic didn’t exist in Gladstone.

The market is moving now, don’t miss the boat!!

To your success.

Chris Halpin
0438 833262
www.estatesforsale.com.au

Australia’s changing population shift from cities to booming regional centres

Sun, 04 Dec 2011 23:02:00 GMT

Hello,

I hope that you had a good weekend.

There was a great article in The Australian that I wanted to share with you. It’s about Australia’s changing population shift from cities to booming regional centres. Please read when you have a moment.

Regions strike the mother load as mining boom bites

If you don’t have time to read the article the following are a couple of sentences from it.

"It's lifestyle v commodities," says Tim Lawless, research director at RP Data property analysts. "And, yes, I do absolutely think there'll be a population move, especially to major regional service centres, like Mackay, which services the Bowen Basin coal reserve."

For Western Australia, Haratsis names the main growth areas as Karratha, Port Hedland, Geraldton, Newman and Kalgoorlie. Of these, Geraldton has the cheapest housing, something that will be only a memory once the $5 billion Oakajee port and rail project gets approval.

To your success!!

Chris Halpin
0438 833262
www.estatesforsale.com.au

Is there anything that affects price growth of a commodity, be it gold, diamonds, iron ore or property, more than supply and demand?

Sun, 06 May 2012 11:30:00 GMT

History has proven that when any of the above are in short supply for an extended period, prices are forced upwards. In almost every Australia newspaper there are articles about record levels of investment in the mining boom on a daily basis. These articles usually sit right alongside articles about how the rest of the economy is struggling.

Please see the following;

Divide grows in boom bust economy

Some people will make a fortune during these next few years of uncertainty, others will read about it years later and say “if only we had of……”.

Supply and demand!! Money doesn’t disappear, it flows like water. And its currently flowing like a flooded river from our traditionally strong major city housing markets into regional cities servicing the resources boom.

Bad news leads to a crisis in the construction industry

That article would sound very familiar to builders in most parts of our country, but not in central QLD and WA. In those areas there simply are not enough builders and laborer’s to meet demand. This problem is so critical that the WA and QLD governments are trying to poach skilled workers from each other and the other states. With an expected 170,000 workers needed in coming years in both states, where do you think there will be highest demand for housing? And this demand won’t come from people struggling to make ends meet, their incomes may well be double the national average.

So has there ever been a more predictable time for choosing regions that should have above average property price growth? Maybe there has, but I wasn’t aware of it. Those that have seen these signs before are either very wealth or are kicking themselves.

So what horse do you want to jump on??

$9 Billion dollar coal port expansion

Record resource investment spending of $231 Billon

Miners wages growth double the national average

Australia’s outlook rosy amid the gloom

The mining-rich state of Western Australia accounted for much of the increase.

Gladstone housing boom continues

Gladstone QLD’s highest median sales value in Sept

Demand for workers to soar in regional QLD

To your success!!

Chris Halpin
0438 833262
www.estatesforsale.com.au

Mitsubishi to buy stake in Murchison Metals

Thu, 24 Nov 2011 00:45:00 GMT

Great news for Geraldton investors today as Mitsubishi have decided to buy Murchison Metals 50% stake in the Oakajee Port and rail development project.

This news was only made public minutes ago, and will be throughout the national papers by this afternoon.

This is a huge sign of confidence from Mitsubishi that they will forge ahead with this project bringing massive economic benefit to not only Geraldton, the nation.

Well done to all Geraldton investors.

BHP Billiton approves development of the Caval Ridge Mine project

Sun, 06 Nov 2011 01:35:00 GMT

The total investment in the initial project is US$4.2 billion, of which BHP Billiton’s share is US$2.1 billion.

Gladstone LNG on track

Thu, 20 Oct 2011 01:44:00 GMT

Santos said Thursday that its proposed flagship US$16 billion gas export joint venture with Total SA (TOT), Korea Gas Corp. (036640.SE) and Malaysia's Petronas in Australia's Queensland state remains on track to ship its first cargo in 2015.

Jobless on the move

Thu, 13 Oct 2011 07:28:00 GMT

The Queensland government is encouraging workers from areas of high unemployment, such as Cairns and the Gold Coast, to up-skill and move, as part of their Work for Queensland program

Get ready for the jobs boom

Mon, 10 Oct 2011 00:55:00 GMT

With the current labour force of 91,000 set to skyrocket by more than 10 per cent, the Regional Economic Development Corporation (REDC) says it's vital to get the required infrastructure in place

Queensland's Bowen Basin

Mon, 10 Oct 2011 00:55:00 GMT

With World demand for coking coal strong, and prices at record levels, Queensland's Bowen Basin is in for a hectic new round of mines and infrastructure development

A basic house in the boom towns of Central Queensland is now renting for $1800 a week.

Wed, 05 Oct 2011 01:03:00 GMT

QUEENSLANDERS renting in mining towns are forking out thousands of dollars a week to live in basic homes as rents skyrocket on the back of the resources boom.