Forum Replies Created
- god_of_money wrote:It depends the rental price, type of property, location, terms and agreement, quality of tenants and of course the real estate agent.
May I know where about in inner west? and what do u mean longer (i,e, few days or few weeks)?around three weeks GOM. Perhaps I was being impatient. But from the feedback and types of enquiries, the feel is that potential tenants were not under any pressure and could take or leave. It's a good solid property which takes in over 790 per week but it makes me think, perhaps there is a 2 (or 3…4) tier rental market as well? And there is more pressure on one tier than another and that is what the media is looking at.
.No matter, as long as it is rented I suppose!!
god_of_money wrote:It depends the rental price, type of property, location, terms and agreement, quality of tenants and of course the real estate agent.
May I know where about in inner west? and what do u mean longer (i,e, few days or few weeks)?around three weeks GOM. Perhaps I was being impatient. But from the feedback and types of enquiries, the feel is that potential tenants were not under any pressure and could take or leave. The property is 3×2 and by no means premier and shining! but it makes me think, perhaps there is a 2 (or 3…4) tier rental market as well? And there is more pressure on one tier than another and that is what the media is looking at.
.No matter, as long as it is rented I suppose!!
We have recently dealt with those agents on the ground Michael mentions, and have invested in one of these areas (which is why we are following this area in the media!). Time will tell of course, however we think (thanks to Metropole) that we have done very well. We like many, are more interested in capital growth and are very confident in that, however the bonus is the rental yields at the moment in these areas, which are great!
Thanks for the help from Pino. Worth every cent.
Really happy with what we got…
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