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At least not without a baseball bat unless you can run very fast

I don't think you will have any problems finding tenants, the vacancy rate was low last time I looked. TAS is the most expensive school in Cairns by some margin possibly, I don't think many residents in the suburb would go there but I could be wrong.

I'll assume that you are joking regarding IQ Back to investing, yes I agree good buys available with strong yields in down market areas but buying a new expensive property in a S*** suburb is probably not the best decision IMO and I don't mind the 3 M's for inexpensive high yielding property at...

Great that you love the location and if so go for it, from an investment point of view if you buy a newer upmarket property in that location it would be surrounded by low end properties and HC tenants as shown by the distinctly red area east of the highway on atlas.id.com. If it is for a ppor...

Try atlas.id.com.au/cairns and look up low income households. I'm not making a comment on whether there are any good deals there but I wouldn't be looking for a upmarket new build in that location. Most of the general population of Cairns wouldn't consider it so I would only be looking at entry...

Bought one in Redbank Plains 2008 rental growth has been slow due to lots of new NRAS stock advertised with low rents, been lots of development in the area as there is still lots of land. Values took a big hit during GFC and flooding etc but things seem to be improving, rents creeping higher as...

Brissy,Logan,Toowoomba,Gold Coast and maybe Cairns would be my areas of interest if I was looking for more Qld purchases. I agree with your general comments regarding Cairns but yields can be okay depending on the type of stock. Unemployment has just increased to 9% but tourism throughout Qld...