Daedalus,Thanks for the info, it has given me a better understanding of the ups and downs to investing up their. Do you get much reward for renovating up there or only to extend (extra rooms). MAK
Can you tell me what is the main difference between Dyasart and Moranbah. I haven't been to the area but have noticed there are hardly any properties for sale in Dysart compared to Morandah that has a large variety at the moment. To me they sound like very similar towns and Moranbah is closer to the Coast.
The area we are looking at is in QLD and the suburb around this has taken of and it is not far from the ocean which is a plus. The property Management are trying to incorporate into the lease that December is included in the lease term were at the moment it is only rented for 43 weeks and occasionally for the rest of the year to holiday goers.…[Read more]