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it's the leasing fee that gets ya. 2 weeks sounds normal. then you realise it's $4000. then they add GST.

my only oncern is the long term viability of the yields in the face of the govt commitment to flood the market on the supply side. resi yields more than comm which seems nuts

its 1850kms bris - mt isa!

i knew a guy that got all excited about mt isa, seeing similar traits to karratha. it's never happened and yields are still - amazingly - similar to larger capitals.

yeh and i have so many vacant blocks that i really need to attend to - probly better off sorting them out

so if you are buying you must have the opinion that prices are sustainable? i am not sure whether to hold or sell my palce up there. the cashflow is appealling but it all depends on whether govt/mining cos can successfully come up with chepaer housing

you cant get the land tho reeco. what would work is a reno whereby you do the work yourself

still going strong apparantly. I've got a place for sale under caveat emptor if you want to buy it.

people say that but I know the Karratha boom has been running since at least 1990. that's a long time between drinks.

these fees are comparable to Perth rack rates.

can't you buy one with a 4 or 5 year lease on it?

people consider it risky... the facts don't matter. the growth record needs to be matched to the resources boom - if it ended the prices would cool considerably. then again australia as a whole would suffer anyway. one unique consideration is air cons... they need to be a good brand...

hi Mattnz - you use to be able to call one of the landcorp preferred builders and get on their list, but when their lists blew out to about 200 names I think they stopped taking details

how much BC?

we all need to keep an each way bet tho, the latest thought is the US could have a big correction on their stock market soon. if China implodes then the resources hyper boom will be cut down at the knees

land $180k say, house $370k approx. val approx $1 - 1.1m. cant get the land unfortunately and i am not sure there will be any available this year, even if you are high on the list

unfortunately held in a company. he will have franking credits for life! another tick in the box for investing thru trusts...

yeh i have settled on a block and going for council approval now. There's no way you are too late.... the govt sells the land off way too cheap. The blocks should sell for twice what they sell them for

i spoke to the land co-ordinator last week, seems h+l with builders is not on their radar, they are focussing more on the locals. the builder i know there has a huge list of applicants and isnt taking names anymore... what number on the list are you? an investor i put onto karratha 3 years...

anyone heard any mutterings about a deep water port in Derby?