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I also know of 3 bed 3 bath townhouses in central locations having their leases not renewed by corporates. Previously leased at over $1200 per week with a very high finish and now to be re-leased where the market is now, which is $850 - $900 a week. I'd just caution on how bullish your...

I hope you're right, but I'm nowhere near as bullish as you. Good luck.

You may Matt, but that's not the norm at the moment if not developing. Have you had to adjust your figures based on the glut of supply there at the moment and what looms for the new year? Back to Karratha, do people expect this drop in rental returns to have the same effect on sales and...

I would have thought Karratha would have a lot more 10%+ yields than anything Gladstone could offer? Bulk supply of housing coming online in Gladstone at the moment which is keeping a cap on both rents and sale prices. Rooster