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This is my first post on propertyinvesting.com and I want to start with a huge thanks to everyone who has taken the time to post on this topic, you have helped me learn so much already about investing in the Bowen Basin!!
Dysart seems like a good option for a CF+ IP in the Basin, I guess the main concerns I have are whether supply/demand will maintain the impressive rent returns and how hard it will be to find a new tenant(does not sound like much of an issue from Property Investor 1’s comments above).
One point I have taken from a few posts are that mining companies may have a cap of around $1k/wk for rentals and may avoid a property if it has a pool. A place that I am currently looking at has a pool and a 12 month lease at $1350/wk. Does anyone with a bit more experience investing in the area have any suggestions whether this may not be the best property to start with?