I've read that 2000+ workers will be required to expand Abbot Point, so I imagine that vacancy rates will tighten right up once that's underway.
Can I ask what your IP is in terms of type, # of bedrooms etc and what yield you getting getting?
Do you have any more vacancy rate data (short or longterm)? I imagine this jump is due to the seasonal shift in demand for fruit pickers and the like.
Jenko, where'd you end up buying?
I'm curious to hear everyone's thoughts on Bowen. Anyone own? Sold? Considering investing? Speculative thoughts on the next decade or so?
The short and longterm impact of the Abbot Point coal terminal expansion will be very interesting.