COMMENT OF THE WEEK: Properties in mining towns

By |

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. 

Comment:

“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 : alderley , belmont , the basin , midland , narara

go back

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.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here