Anyone have any thoughts on Moranbah or generally the Bowen Basin coalfields area??
There appear to be a few +CF going around. I have been living in the Karratha feeding frenzy for quite some time now and it seems that the property values have now, by and large, caught up with returns. With the average around the early 5%.
I am wondering whether the Basin may be on the same path, a couple of years behind the Pilbarra Iron Ore towns.
Any and all input much appreciated.
Cheers Chrisv
There appear to be a few +CF going around. I have been living in the Karratha feeding frenzy for quite some time now and it seems that the property values have now, by and large, caught up with returns. With the average around the early 5%.
I am wondering whether the Basin may be on the same path, a couple of years behind the Pilbarra Iron Ore towns.
Any and all input much appreciated.
Cheers Chrisv