Currrent rental returns
Even though rental values have dropped considerably in recent months some say the market will pick up again. It's very hard right now to get good unbiased advice on Moranbah as an investment location as everyone seems to be spruikinng their own ideas. Some say the area will bounce back, others are saying 'no' but then suggesting other mining areas (where they MAY have vested interests?!) I am confused when looking on the websites as to what properties are ACTUALLY renting for and HOW LONG it's taking to rent them. talking brand new 4 bedder, a/c throughout etc.. I'm not looking for ridiculous returns as previously seen, just wanna make sure the return covers our risk!The opinions expressed here are those of the individual and not those of Ray White.
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