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I guess the issue is that chinchilla is just too small 5 minutes gets you from anywhere in town to the hospital, established will only work if it's closer to town by a fair bit In whyalla the new estates like Jenkins are 12 - 15 minutes from the town and hospital, so just far enough that...

I'm the same boat but not as severe We have a 2 bed house In whyalla , had to drop rent from 330 to 250 Still a 5% yield on a subdividable corner block but definitely didn't turn out the way we planned If you took out developers im certain we would of seen big capital gains, as the rentals...

We have an ip in whyalla where a similar thing happened. We bought an established house in town area so havnt seen a drop In capital value but our rent (2 bdrm weatherboard) has gone from 330 down to 260 a week We were there a few months back and everything is ticking over, people there...

Mining is a bit of a curse With reckless developers around and cash hungry councils you almost can't invest anywhere except the capitals Or wait for bargains in these towns and hold through hard times

Jenko There's a difference, if you buy land in an established area in a city of over 100,000 (not an exact science!) then developers won't be able to influence the desirability of your house to potential buyers. In the smaller city's they will be able to hurt your rent though as it's not to...