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Just starting out and have been researching Mackay beach area. You can still get a reasonable house from $120 with rental of about $180-200. Any ideas?[
]sunnigirl,
mackay has been a reasonable area for rental return in the past due to the different industries around the area. Coal, Cane, Cattle (all the C’s) oh and of course Tourism (maybe not so great at the moment). In terms of capital growth im not so sure, i would be sticking with houses, not units/apartments etc.
cheers
Todd O’Neill
http://www.meteorpartners.com
‘Move to the next level’
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