News on the Dysart,Moranbah,Blackwater areas.
BMA are in the process of building new houses, 85 in Dysart finishing end of June,(that I know about),the other numbers I do not the know the numbers.
Apparently about seven years ago, BMA built and sold houses to the miners for $4000 each,the catch was that they couldn't sell them for seven years.
I don't know the exact conditions of the sales.
Seven years is up this year and the houses will be sold come end of June.The old tenants from those houses have been told they have new houses to move into.
This will be interesting for those with IP's there,
Question is will this flood the town with rentals?
Anybody thinking of buying there now should hold off until these house hit the market.
I found this article that is a good read of a worse case scenario,probably not related to this subject entirely,but thought I'd put it here anyway.
http://www.oldhouseweb.com/architecture-and-design/windows-on-the-past.shtml