Investor's Dream

 Chinchilla has been named as one of the top places in Australia for investors according to 'Your Investment Property' Magazine. As stated in last week's Chinchilla News, the magazine stated that Chinchilla was tied as equal first in investment across the nation. 

Citing existing infrastructure, proximity to the resource industry and the strength of the agricultural industry following a wet summer as investment drawcards, the magazine's independent study encouraged investors to consider the local area to spend money. 

New CHinchilla Community Commerce and Industry CEO Mark Fitzgerald said the announcement showed the vitality of the town. 

"I think it's an excellent thing" he said. "It shows the area has excellent positive growth and sustainable positive growth"

Western Downs Regional Council councillor Ray Jamieson said there had been an influx of investment in Chinchilla recently. " It's definitely become one of the hot spots of the WDRC" he said. "(Developments have) mostly been residential, there have been some industrial but apart from Woolies and McDonalds there hasn't been too much commercial development."

Chinchilla has seen a major influx of development across the town including a new shopping complex with a Woolworth's supermarket, a number of new housing developments and an industrial estate.