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QLD Mining Overlays & Easements???????

Discussion in 'Where to Buy' started by qonyx_sydney, 10th Sep, 2015.

  1. qonyx_sydney

    qonyx_sydney Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    135
    Location:
    Sydney
    Hello Everyone,

    I have an interest in the Ipswich LGA and it has a mining overlay/easment across the whole property.

    The property is in an established areas in the Raceview/Newtown area which is quite built.

    I'm wondering if anyone has any experience with the actual real impacts of this?

    My thoughts;
    • Likelihood of future mining in a established suburb would below
    • It will put of prospective buyers which may limit Capital growth

    Can anyone else think of any other impacts?

    Cheerio,
    QS
     
  2. Scott No Mates

    Scott No Mates Well-Known Member

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    Location:
    Sydney or NSW or Australia
    vibration, noise, dust, trucks/rail issues, ill health associated with coal dust, dust diseases
     
  3. qonyx_sydney

    qonyx_sydney Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    135
    Location:
    Sydney

    Sorry should have been more specific. There are no current active mines, however the fact that it is in a mining easement means that it could be acquired at Fair Market Value by the government.
     
  4. Heinz57

    Heinz57 Well-Known Member

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    18th Jun, 2015
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    Location:
    Brisbane
    Possible soil instability. Call the Ipswich council town planning department?