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Daily Mercury – Saturday March 28th 2015, Page 30

Top 5 property investment spots in the Mackay region

Our pick of the best opportunities, from the beach to the Pioneer Valley

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Two homes in Rural View sold for over $1million, including this one that had a huge back deck and pool.
Pamela Frost


Rural View

A WELL developed residential suburb, Rural View is focused around lifestyle acreage lots that continue to receive high prices in sales and up to $420 in weekly rental returns. The largest estate is Premier Gardens which is on undulating land. With recreational facilities, a neighbourhood centre, retirement village and school, Rural View is becoming one of the main centres providing services to the northern beaches.

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PHOTO: Judy Edge submitted this photo of the Pioneer Valley via the Daily Mercury’s Facebook page.
Contributed


Marian

ITS sugar mill might be known as one of the busiest sugar processors during the crush, but this is not all that continues to attract buyers to the riverside town of Marian. Described as the gateway to the lush Pioneer Valley, it has quaint historical buildings, and residential estates such as Nabilla on the way into Marian have near-new homes on offer. REIQ research says rental returns remain strong at $405 a week.

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Cannonvale

WITH rental returns of $430 per week, it is clear to see that the Whitsundays suburb of Cannonvale is a quiet and relaxed option for people looking to be close to Airlie Beach. Known as the commercial centre of the Whitsunday Coast, Cannonvale has a wealth of shops while still having beautiful sheltered beaches for families to explore – as well as the boardwalk along the waterfront.

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ONCE called Planlands, the suburb of Ooralea took its original name from a train station that used to be located here. The last remaining land bank to the south of the Pioneer River, the cane farms surrounding Ooralea represent Mackay’s ability to further expand. Already, new development has occurred west of the racecourse and additional land releases are taking place. Sitting at the outer fringe of the city, this area is just five minutes from Mackay’s

CBD. It’s the last major suburb on the road to Walkerston which makes the area attractive to many families, as can be seen in the rental returns of $450 a week according to the REIQ.


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Blacks Beach. Photo Peter Holt / Daily Mercury
Peter Holt


WITH tourists vying for the best spots in beachfront accommodation, real estate is a hot commodity at Blacks Beach, home to the area’s longest stretch of beach. Beautifully lined with tropical gardens, Blacks Beach is a place to sit back and watch the sun set from your own piece of land. Given that it is only a 15-minute drive from the city centre, many investors are looking here for a place to escape from it all.