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Regional Queensland booming, offering high rental yields

Interstate property investors and first home buyers are flocking to central and north Queensland’s regional property market, hoping to cash in on affordable housing in limited supply and offering high rental yields.

Cairns waterfront skyline at high tide of Coral Sea.
Retirees and investors are driving the Cairns property market. (Image source: Shutterstock.com)

Interstate investors and owner occupiers are flocking to north Queensland’s regional property market in droves, hoping to cash in on affordable housing in limited supply and offering very high rental yields.

It’s a story on repeat from Cairns

and Rockhampton, to Mackay, where local agents talk of an unexpected boom.

It is also reflected in even the smallest coastal communities like Yeppoon

, where the median house price is currently $590,000, wh…

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