UPDATE 6.05PM: ANOTHER 1300 postal votes have been counted and Wyatt Roy says of those he has captured 59% of the vote.
The youngest person ever to be elected to parliament is refusing to give up hope - despite the fact his opponent has already claimed victory.
Mr Roy reclaiming his seat would be an uphill battle but the postal vote trend was going his way.
EARLIER: A CHARACTER building exercise is how Longman MP Wyatt Roy describes the nerve-wracking wait to decide the seat.
Mr Roy looked all but sunk on Saturday night as the Labor Party's Susan Lamb moved ahead on preferences thanks in large to the strong vote count for Pauline Hanson's One Nation Party candidate Michelle Pedersen, pulling votes from Mr Roy.
But a strong percentage in postal vote counting conducted last night has left Mr Roy with a flicker of hope he may be able to retain the seat he won off Labor back in 2010, becoming the youngest ever Federal MP.
Speaking to the Daily this morning, Mr Roy said he'd picked up almost 59% of 700 postal votes counted last night, with about 12,000 postal votes still to come back.
By his estimates, he needed about 60%-61% of postal votes to win the seat, but added the more votes he pulled, the lower that required percentage would become.
KNIFE EDGE: Coalition crawls to slender lead
Ms Lamb has already claimed victory in the seat, with Labor leader Bill Shorten already visiting the electorate to congratulate Ms Lamb.
Analysts have written off Mr Roy's chances, but he said the overnight count indicated it may become extremely close and while unlikely, a victory for the LNP in Longman could still eventuate.
"It's tough, but it's certainly possible," he said.
At only 26, Mr Roy has already spent six years in the corridors of power in Canberra.
He said he was proud of what he'd achieved in his six years in Longman, winning against the odds in 2010, but lamented the Medicare tactics used by the ALP in this election.
He said the postal vote count showed he had polled better earlier in the campaign, before Labor's tactic, dubbed 'Mediscare', gained traction with voters in the final days of the marathon election.
He said the results so far showed there needed to be a "serious policy conversation" had by the nation, as it faced a seismic shift in economic conditions with the downturn of the mining industry.
"Clearly we have to diversify the economy," Mr Roy said.
And if the next few days were to signal the end of his political career for now, Mr Roy said it should not deter other young people from entering the political fray.
"We don't change things by sitting on the sidelines and complaining," he said.
He encouraged a more diverse representation in Parliament, with more young people and women needed to help navigate the country's future.
As for the make-up of the new Senate, while Mr Roy said he would've liked a Coalition majority to ensure their economic plans were implemented, the difference with this Senate and the previous was that "people actually voted for them (new Senators)".
As a result, he said it was important that diversity of views was respected and vital that all representatives worked towards a common goal of improving the future.
He said he would have a clearer idea of the result later today as more votes were counted.
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