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Why not speak with a local and get a guide to real estate investing in Mackay. Mackay offers easy access to an amazing variety of natural attractions that will surprise and delight even the most seasoned traveller. The natural wonders that lay on Mackay’s very doorstep are awe-inspiring and beckon the nature lover like some beautiful siren song.

If investing in the Mackay property market, you’ll be close to, to name a few:

• The Whitsunday Islands which offer diving and sailing opportunities in a picturesque, sprawling natural environment ripe with photographic capacity and fresh for memory making
• The Great Barrier Reef which still, despite environmental decay, draws in the tourists with 2,300 km of coral and marine life just waiting to be discovered
• The Eungella National Park is a rainforest landscape that boasts platypuses amongst a plethora of other flora and fauna
• The Mackay Regional Botanic Gardens are an in-land, convenient natural activity that comes complete with art events and a café, perfect for contemplation.

So here is our guide to real estate investing in Queensland. Queensland property investment can be a lucrative way of building equity and wealth for the future, but it comes with significant responsibilities. As it will act as a source of income and (ideally) profit in the long term, you need to consider a lot more than whether it is the right home for you. Here is our set of resources to get you started on the path to property investment in Queensland.

More information on our Guide to Real Estate Investing

Because Queensland investment property is about getting the right financial returns, you need to be certain that you’re selecting real estate to suit your strategy. Whether it’s ongoing positive cashflow or negative gearing with a view to long term capital gains, the home you buy must fit this direction.

Positive cashflow property

This refers to when the rental income you’re making from the investment property is higher than the costs of running it, which includes your home loan and maintenance costs. The property will be running at a profit, with a strong rental yield (simply put, the income converted to a percentage of the property’s full value).

Once values rise, however, rental yields contract. This makes it a little more difficult to establish positive cashflow via investment property in Queensland.

Negatively geared property

This term has precisely the opposite meaning of positive cashflow. Your property will be running at a loss, because interest on the home loan is higher than that of the rental income. Such a situation, though, carries benefits in the form of tax deductions. This makes it a popular choice among investors hoping to make the most of capital gains. That’s because it allows them to manage an investment property that may well run at a short-term loss, but this negative is mitigated by the tax breaks. Eventually, it will produce long-term gains.