Join the debate! Explain what strategies you would adopt in a mining town or tell us what’s on your mind and you could win a bottle of wine like lucky reader Andrew Thom
This week’s winner of best comment belongs to Andrew Thom, who shared his building insights with other Your Investment Property readers through our online forum.
Here’s what he said in response to this article about purchasing property in mining towns.
“I am a builder working in a mining area in Northern Qld. I have been there for the past 12 months and have found that if you can build a quality product in the right area your long term returns will be greater than building a substandard house that may need constant maintenance.
“In these towns there are plenty of individuals who are making a lot of money and are crying out for a quality home to rent or purchase and are willing to pay for quality, not just a mass project house from project builders.”
- Andrew Thom
Disagree with Andrew? Think properties in mining towns make crummy investments? Why not voice your opinion in our comments section below?
Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker
Top Suburbs :
Get help with your investment property
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus and appointment is free.
We value your privacy and treat all your information seriously - you can check out