Hi everyone,

What a wonderful forum with lots of advice for a new investor such as myself.

I have recently purchased a block of land in Whitsunday Shores in Bowen.  I am currently contemplating building an investment property on this (approx $350k for house).  Given all that is occurring up there at present, I am not sure if I should wait another 12 mths or build now.  My budget is fine with the land loan however if the rent demand (and $) is not there yet, it may be tight paying for a vacant property (even with PAYG Variation for cash flows).

I would appreciate any advice or experience.  I am based in Brisbane and will be heading up north later in the month to check out development and speak with real estates re rent demand.  Any recommendations for property managers in Bowen would be great also

Thankyou

Anne-Marie