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I think that the harsh scary reality is that the bottom of the cycle could be when things are worth $0. Towns like Moranbah were developed only for mining. Take the mining away and there is no reason for the town. In light of the developments over the last decade or more, I am guessing...

It is certainly not pretty for Emerald, or any of the proper mining towns in CQ. Emerald always had and always will have agriculture, but the mining boom for the town is finished. It is a very ugly story right across CQ.

I'm with Syba on this one. Quantity Surveyors have been around for a looong time. Tax depreciation on rental properties - not so long. So yes, some good Quantity Surveyors can do more than just Tax Depreciation. Cheers

Yeppoon over Mackay would be my suggestion for Retirement. As Norwoodman says, virtually everything you need is in Yeppoon now.

As everyone has said (except FL) yes at the ripe old age of 1995, there is plenty to claim.

F lucky. The videos you linked are great. Sure they say you "can" DIY. But they also say you may need to show how you worked it out. Nowhere have you shown or understood how construction cost is even remotely linked to purchase price. It isn't.

Well just when I thought I would get some work done today I went and grabbed some popcorn and had a read of the "no valuation" thread. My head hurts now :D

And don't forget the small guys where the receptionist, accounts department, inspectors and the actual report preparer are all experienced and qualified Quantity Surveyors ;)

What Redwing said !!

Tano What I generally suggest to clients is that if the client deems the units to be identical or similar enough, then I do one report and they use it for the other units. That way it is up to the client and their accountant to determine the similarity of the units. If however the...

"In fact, now is basically the perfect time to buy for the contrarian investors." Wise words David. It looks like locals are taking advantage of the lower prices to secure an investment property for the longer term or get back into owner occupying again. The boom saw a lot sell up and move...

Definitely worth doing. Don't bother unless you get a QS to visit the property.

My example was, strangely enough, an example. If that could not be easily seen, well then I see that as, to quote someone: "a fail" I was referring to the fact that these towns are EXISTING with EXISTING families and EXISTING businesses and they are struggling to remain towns when...

Dex Have you been to Moranbah?

Folks from the big cities also have to put themselves in the shoes of the small town residents and business owners. If you owned the only shoe shop in Brisbane and most of city's population decided to fly to Melbourne to shop for shoes, you would struggle. Your family would struggle. So...

I read this in the paper today with some interest. I (along with a lot of locals) am pinning a lot of hopes on the Gracemere Industrial Area. It is finally under construction and there is a lot of land available in years to come. Gracemere is ideally positioned in relation to the mines so...

What Arnoldus said unfortunately. There were many stories of folks walking away from deposits on other projects rather than take the hit. I know nothing more on this development. However I do know things are slowly starting to look more promising around Emerald.

Not much. I did some review work for one bank then it seems they went to at least one more bank/QS after that. All that was some time ago and I notice that it looks like nothing has started on site. Given that area went under in both floods, I was surprised to see something happening...

Roberts Street?

There is a whole lot of new but crappy homes in Gladstone. So maybe the market will correct these values/rents down to where they should be and leave the better properties at higher values/rents and still perhaps in some demand. When the overall demand for accommodation was massive, these...