We have bought in the Mackay market about 3 years ago. There have been in the last month or so alot of downturn in work due to strikes etc and BMA cancelling their shutdowns over the last few months. However vacancy rates are less than one percent and dont look to change.  We are currently renovating a 3 bed PPOR house in the East Mackay region that we bought on the cheap.

After the renovations are completed we got a rental appraisal for anywhere between 550 – 650 a week.