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CH towns in investment top-50 list

MORANBAH and Dysart have been named the best Queensland suburbs for investment, according to latest data from Smart Property Investment.

The inaugural report named the top 50 Australian suburbs and identified there remained strong investment opportunities in certain key growth markets, particularly those in the Bowen and Surat basins.

Emerald rounded out the Queensland list behind Chinchilla, Roma, Gladstone and Rockhampton.

According to report contributor Helen Collier-Kogtevs, rental yields in Moranbah were between 10% and 20%, proving the town offered great price growth prospects and compelling rental yields.

"High capital growth, high positive cash flow, medium to high entry cost, low risk, strategic importance to the national economy... low vacancy rates... and a shortage of and high demand for housing all make this suburb a fast grower," Ms Collier-Kogtevs said.

"Dysart is supported by four major mines in the region and has experienced gross rental yields of between 10% and 15%.

"Affordable with median house pricing at around $400,000 and good rental yields of more than 5%, Emerald is a good low-risk investment given the low buy-in prices."

Resource towns in Queensland made up a significant portion of the top-ranking investment suburbs with 11 making the top-50 list.

"With mining and resources continuing to underpin the national economy, resource centres also represent enormous opportunity for investors," SPI editor Phillip Tarrant said.


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