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from the morning bulletin 19.3.2005 Our economy is booming 19.03.2005 By EVAN SCHWARTEN FROM the Bowen Basin to the Capricorn Coast, Central Queensland is booming. There is massive expansion in the mining districts west of Rockhampton, high cattle prices and a bullish property market...

I'll second what See_Change said... cheers r

From this morning's paper - Rocky's daily rag The Morning Bulletin... "Fitzroy still to boom More than $20 million in proposed developments which would put Fitzroy Shire on the growth map are set to proceed. " Cheers r

By the way, all 4 of the places weren't tenanted when I bought them, but they were all filled before settlement. I agree totally with see_change about his rental parameters of 140-200 per week... although I've also got one that rents for 120pw. Cheers r

Hi, I bought 4 places in Rocky, total spend 310k, yielding 9.5% avg, starting back in late May/June. My line of reasoning was very similar to see_change's. I didn't think the place was too bad... to read some of the comments here you'd think it was the end of the earth, but that's not...