Mackay

6.0% yield is cashflow positive. Mackay is the service hub for Australia's most productive coking coal basin. FIFO workers create reliable accommodation demand. Vacancy at 0.8% is very tight. $590/wk rent on $515k price sits well in positive cashflow territory.

Coal industry faces long-term energy transition headwinds; FIFO accommodation demand can shift with mine-site rosters; some parts of town have amenity issues.

6.0% yield at $515k = $30,680 rent vs $26,780 interest = $3,900 positive pre-cost cashflow. No NG needed. Coal export royalties funding state infrastructure. Tight vacancy means low re-letting risk.