Hi – Does anyone have knowledge about Hervey Bay as a place to buy an investment property in?

I'm thinking of buying a house and land around the $330,000 mark – putting in 20% deposit and borrowing the rest. It seems a reasonably priced place for entry level investment.  Rents there are not very high so it may be negatively geared for a while.
rather than get a biased answers from RE agents – does anyone know the demand for rentals there? Is there employment etc, signs its a growing place and will get capital growth?
I haven't been there yet but are planning to take a look at properties there later this year.

Any comments will be useful.

Thanks