API Finance Calculators

Thursday, November 5, 2009

Port Hedland: major mining town. building cost at premium if you hire local builders as the mines pay overprice.
shop online at harvey normal commercial arm and have a/c etc delivered to hedland, then pay a Sunshine coast builder to go to Port Hedland to build it. Total cost is 60% of hiring port hedland local builders.
 
Ecobuilding systems - cheaper building and energy efficient, std 3 br house can be erected in a week,
 
Moree, an agricultural town in northen NSW, cotton brings in lots money - it's got a good foundation. It's never going to be a ghost town, and never going to be a huge flyer. It brings cashflow but not to get excited over units - sb. else already made money. Towns like Moree are generally pretty good with dividing up. A typical little chunkers, they will become more and more positive as the years go on, so you can have more growth properties elsewhere. There are a lot of termites there, do the building and pest, make sure the building is low maint.
 
Ballarat is another nice chunker town. It's a number of rural industry around it. Look for value adding oppurtunities.
 
 

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