Miners keen to live in the Whitsundays
THE Whitsundays position as a key fly-in-fly-out (FIFO) and drive-in-drive-out (DIDO) hub for Australia is growing, according to the chief executive officer of Whitsundays Marketing and Development Limited (WMDL) Danial Rochford.
“With the lifestyle that is the envy of other regions around Australia as well as the close proximity to a number of major mining and construction projects, the Whitsundays is fast becoming the go-to location for those wanting to work in the mining and construction industry,” Mr Rochford said.
“Many miners and their families are realising that investing in residential property to either live or rent is a smart choice.”
The Whitsundays has been acknowledged by the recent REIQ market monitor as having not only the lowest priced housing in the Mackay Issac Whitsunday region, but also a higher gross rental yield than locations such as Brisbane, Gold Coast and the Sunshine Coast.
CEO of the Whitsunday Regional Council, Scott Waters said Council was also working strongly to position the Whitsunday Coast Airport as a key FIFO hub.
“We are strategically located to the Bowen, Galilee and north west mineral’s mining provinces and Council, in partnership with WMDL is looking at ways to connect these mining precincts to the Whitsundays to help further boost FIFO,” Mr Waters said.
Ray White Whitsunday principal Mark Beale said WMDL’s decision to broaden the region’s appeal was vital in changing the perception that the Whitsundays was simply a tourist destination.
“We are evolving as a region and the word needs to be spread far and wide that this is a fantastic place to live and work, not just to holiday,” he said.
“At the same time we need developers to embrace the area and ensure our housing supply can meet the demand that is emerging.”