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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

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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??

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

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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

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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

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MACKAY'S trade skilled and talented adults could be eligible for the 500 apprenticeships available in the Central Queensland region in the next 18 months.

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I apologise if I sound like a broken record, but I cannot stress enough the scale of opportunity property investors currently have.
 
While consumer confidence is down and the media largely report doom and gloom, Australia is in the midst of the biggest mining boom we have ever seen. You make the largest gains by going against what the majority are doing, which is sitting on their hands.
 
The following is an excellent article explaining how the massive mining boom we are entering will change the way many Australians live. Please take note of the line “There's a role for government to make it appealing for families to move to Gladstone or the northwest of WA".
 
Both Gladstone and MacKay in QLD, and Geraldton in WA are likely to be the cities that prosper most from this resources boom. Gladstone property prices are up 20% in the last 12 months with plenty to come and MacKay and Geraldton should soon to follow suit.
 
Congratulations to those of you who have chosen to invest on one or more of these locations. Your investment will provide you with a platform to accumulate large wealth over the coming decades.
 

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An article featured in the Daily Mercury on 19 July highlighting the impact of mining and port projects on the local rental market in Mackay

See article

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"There is a mining boom under way but there is a Mackay boom  underway as well"

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Tax spent in regional areas will create 'lots of opportunity to build regional industry sectors - like larger scaler bio fuel developments"

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