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AUD was/is high, beef exports low - meat works put off a large number of their staff; so less rentals needed. Mining in Bowen Basin has slowed which looks to be continuing. Just lack of sales lately has caused the market to drop rapidly. Has been like this for the past year and a half or...

If this were your situation, what would you do? You're right, Rocky prices are terrible at the moment (sales wise anyway). I'm actively looking/buying in the area and have seen a number of properties listed and sell below boom prices of 06/07. If you can hold off selling for a while...