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  1. P

    Chinchilla - hold or run?

    yes, any improved market in Chinchilla/ Miles will depend on QGC & Origin
  2. P

    Chinchilla - hold or run?

    Hope so mate
  3. P

    Chinchilla - hold or run?

    Likewise mate
  4. P

    Chinchilla - hold or run?

    To those that own properties in Surat Basin, probably best to hold a bit longer, we may be at the bottom of the market now. The word is there is going to be increased rental activity from late Jan 2015 onwards with the influx of permanently based workers.
  5. P

    Chinchilla - hold or run?

    Good to hear, let's hope he gets some results
  6. P

    Chinchilla - hold or run?

    They can't do much about the camps if the companies own the land they're built on? and the council has been more than happy to grab the $ from all the land developments even if it ends in oversupply.
  7. P

    Chinchilla - hold or run?

    The next big hope for the region is Arrow going ahead with it's project, hopefully 1st quarter 2015: http://www.arrowenergy.com.au/projects/surat-gas-project This is their reply after I emailed them: Thank you for your inquiry, Arrow Energy has been operating in the Surat Basin for...
  8. P

    Chinchilla - hold or run?

    Exactly, he said the same about all the boom areas at their peak: "just beginning"
  9. P

    Chinchilla - hold or run?

    We're in the same boat, built 2 x 4 bedroom townhouses in miles, been sitting empty for 9 months now costing us $700 per week to hold, a lot of pain and many sleepless nights. Have advertised to rent and to sell at very low prices, well below what it cost to build, still no luck and running out...
  10. P

    Chinchilla - hold or run?

    Hi Korringal, word of mouth plus download the report in this article: http://www.gladstoneobserver.com.au/news/20-year-vision-for-future-of-our-gas-industry/2253158/#comments
  11. P

    Chinchilla - hold or run?

    I too hold some properties there and spend a lot of time researching. Bad time to sell atm, hold for a while if you can, at least you have tenants. There is still some steam left in the run there with still work to do in the construction phase. Word is it will get busier from July to November...
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