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What effect will that have on demand - as mentioned above that is a lot of supply coming on board.
My stage 10 lot just came back with a soil classification of E-D! Narrowly missed the H2-D that next door has. Be wary of Mayfair Ridge soil types - there have been some builders and buyers caught out by this who have had to have rectification works done. Even the council's entry road is undulating.
My builder is local and considered by some the best around town, so choosing to remain optimistic I'm pressing on with mine (with a suitably upgraded foundation design).
Has anyone experienced their own issues with such shifting soils?
Was just in Emerald as have a prop there - older house close to town - thankfully didn't flood!
Emerald was very busy - had to wait 30mins for a coffee at a local coffee shop Talked to quite a few agents - most agents are not very clever....anyway, seemed to be saying that yes, market has cooled, both for rental and sales but expect strong growth. Glut of props came on market, mostly sold to investors hence cooling. Does worry me a bit re potential capital growth as there is still a lot of land for a lot of new estates! Can't see huge cap growth with this happening - to late to be worrying about that for me, will have to ride the wave.
Trying to get tradies is DESPERATE - and our prop manager is usesless - any recommendations would be great.
HI Every One,
Just wondering what the Emerald market is like at the moment. I have heard that it is cooling down. Would it be still worth investing there now?
emerald and surrounding areas are looking promising again
What are your thoughts James.... How so....
Hi James, do you have any updates on said projects? The Emerald rental market is still very flat right now...several large projects rumoured to be starting around march
in the bowen basin region