Investors can profit by buying in locations targeted by FIFO mine workers

By Terry Ryder, 12th October 2012

Growing use of fly-in-fly-out workforces by resources companies is creating an exciting new opportunity in real estate investment: buying in locations where highly-paid mine workers choose to live.

Most mining personnel don’t live in the mining town. They fly in and fly out, working on rosters where they have, for example, two weeks on and two weeks off. During the “off” they fly back to Perth, Brisbane or the seaside lifestyle community they have chosen to base their families.

This growing phenomenon is creating a series of new real estate hotspots in the Australian property market.

In some cases, it is boosting markets that have had a series of bleak years recently, including sea change destinations along the coast of Queensland and in water-based lifestyle areas south of Perth.

The places most impacted by investment by highly-piad FIFO workers are detailed in an innovative new report, National Top 10 FIFO Hotspots.

It highlights the Top 10 locations around Australia with markets being boosted by the FIFO phenomenon. It's a must-read report for investors seeking sensible ways to create real estate wealth from the Resources Revolution.

Terry Ryder

Terry is the owner and creator of hotspotting.com.au, which provides information to property investors on how to identify emerging markets before they’re common knowledge.

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