Does anyone have any thoughts or knowledge regarding IPs (houses) at the higher end (~$1mil) on the Sunshine Coast? Maybe that isn't high end for some, but I've only had experience with IPs at lower-mid range (~$200-400K) in Victoria. I have only just started looking at getting back on the IP horse after GFC altered my plans & was looking at locations in Qld, which could be IPs for now but possibly PPOR in 5-10yrs time (being overly optimistic). Initially started researching Whitsundays (Bowen/Cannonvale/Airlie Beach), given Abbot Point supposedly has the go-ahead, but this area has burned a lot of people over the last few years & it looks like tourism & other industries don't insulate the area from the mining volatility. Moved my interest down to Sunshine Coast & was looking at properties on the lower end of the scale, but unfortunately managed to click on my absolute dream PPOR by some complete fluke. Unfortunately this is ~$1mil & I have no idea whether there is much demand for rentals of properties of this value. The vacancy rate in the suburb is currently only ~2%. Any thoughts greatly appreciated.