I agree. There is some substantial infrastructure investment being poured into Emerald which should continue its establishment as a major regional hub.
I think there is some huge upside to what is happening in the Galilee Basin to the west which will have a major impact on Emerald. There is also some promising mining development just south of Emerald near Springsure by Bandana Energy...I think up in the region of $1.1 Billion. There is also gas also just south of Emerald in the North Denison Gas Field.
Rents are tightening sharply. I have experienced very good rental growth over the past 24 months and it's still rising along with CG.
IMHO Emerald has a massive future.
JT7
you have had investment properties in Emerald long ago? What will be your advise to a newbies, like myself, would like to step into Emerald market. What are the pros & cons to buy the established property or house and land package.
Thanks in advance.