Hi Soniae,

from what i have seen as a builder and developer in SEQ Qld, these types of accomodation style places (aged care, student, holiday) can offer improved rental returns.  On the other hand their chances of Capital growth is not usually as high as other properties as their value is generally linked to their rental return.  Obviously if rent goes up value goes up but valuers take a cautious approach.

Also, something else to take into consideration, a lot of these style of properties are sold with a furniture package.  From what i have experienced, a lot of the banks won't finance the furniture.

Brett