Recently inherited two rural properties in QLD. They've got a reasonable capital gain (hurray...) from 1990-2007 but they fell in value from 2007 to now. Though as neither have sold yet these are based off estimates. One has a gross rental yield of about 6.5%. The other the tenants simply pay costs in return for keeping the place inhabitable.
Will likely take 6+ months for the particularly rural one to sell.
My only warning is beware the fragile economics of rural Australia. There's a lot of land which one decade can be worth a fortune but the next be fairly valueless.
