Ausprop, will my investment property in little old Bunbury boom as well? Even though the action is taking place elsewhere in WA?
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Ausprop, will my investment property in little old Bunbury boom as well? Even though the action is taking place elsewhere in WA?
Whats happening in the other states to give a bit of excitement i.e.
Surat Basin
Whats happening in the other states to give a bit of excitement i.e.
Surat Basin
DO YOU WANT POSITIVE CASH FLOW AND HIGH GROWTH?
Wholesale Properties Available with 8% Return
At 888 we have secured exclusive access to NEW house and land packages in the rapidly growing Surat Basin gas and energy precinct, 210 km west of Brisbane. We have new properties available in Dalby, where a massive build up of workers and their families is underway to serve the rapidly expanding energy, gas and resource industries.
There are projections of 16,000 new jobs and the flow on effect of 100,000 new residents in the area by 2016. There are 100 billion dollars in diverse resource projects planned and commencing in the Surat Basin; clean power stations, thermal coal, new rail lines, new gas pipelines, coal seam methane, gas to liquid plants, ethanol refineries, agriculture and a massive new cattle feed lot are some of the drivers in this new booming economic precinct.
At 888 we have formed a buyers agent alliance offering superior brick homes $20-30,000 cheaper than other competitive offerings. Local builders are working on wholesale rates while we deliver the savings to you.
These houses offer 8%+ rental returns and have excellent new home depreciation rates, ideal for adding cash flow to your property portfolios. With the rapid fall in interest rates these properties are income producing from the start with expected capital gains above $50,000 on completion, due to our exclusive wholesale arrangement and growth in the market.
This is the beginning of a major growth cycle for the Surat Basin. We ensure your property has everything fitted ready to rent and work with the best local managers to get your property rented quickly for top dollar. You also get our free property reports and access to the best lending possible through our finance brokerage.
Information On Dalby / Surat Basin:
Dalby is located at the mouth of the massively rich Surat basin coal seam. We believe that Dalby will become the residential and industrial hub for the Surat Basin's rich resource economy, much like Karratha in the Pilbarra.
The Surat Basins vast reserves of coal, coal seam gas,new power stations being built, Cattle feedlots, fertile agriculture & the ethanol refinery, will be a strong driver of employment and the economy. The 1 billion dollar rail link to Gladstone's ports will allow more than 10 new coal mines to open up, not surprising with coking coal prices increasing 300% this year. What makes Dalby a good location, is that it is not too far either to the mines and the gas fired power stations they are building, while only 85 km to Toowoomba and just 210 km to Brisbane.
The massive driver if late is coal seam gas which can be refined to Liquid Natural Gas and pumped straight into your car with little or now alterations. The worlds largest gas company BG was in negotiations and had been rumored to have made an offer for a share of Origin energy but it was conoccophillips the 5 th largest oil company in the world that was successful in their 9.6 billion dollar offer for 49.9% of Origin making it the largest sale in queensland history. All of this to get their hands on the lucrative gas fields of the Surat Basin. Shell oil has also entered the market by attempting to do the same with Arrow energy. There is a new proposal for there to be a 1 billion dollar gas pipeline built linking the Surat Basins gas with the Hunter valley power stations and indeed straight out to the Newcastle port for export.
For the week ended Sept. 25 the Energy Department's Energy Information Administration said in its weekly report that natural gas inventories held in underground storage in the lower 48 states grew by 64 billion cubic feet to about 3.59 trillion cubic feet, the highest level ever on record.
Analysts expected a boost of between 60 billion and 64 billion cubic feet, according to a survey by Platts, the energy information arm of McGraw-Hill Cos.
The inventory level was 15.5 percent above the five-year average of about 3.1 trillion cubic feet, and 15.8 percent above last year's storage level of about 3.1 trillion cubic feet, according to the government data.
Natural gas prices fell by 5.6 percent to $4.57 per 1,000 cubic feet on the New York Mercantile Exchange in morning trading.