O.K I had a similar problem only I was the owner of the property, the tenants, knowing full well they were lockied into the lease until July (this was in January) bought a house, they then stopped paying rent. Being reasonable as they were still locked into the lease I said, fine, all I ask is you pay 8 weeks rent and you can be free of the lease (as the house was for sale and it would be harder to find a tenant for a house that was on the market).
Well they never paid it, I got behind in mortgage repayments etc because of this, we were struggling badly!
They then took US to the tribunal to get their bond back! Th e REA had informed me previously I would at least get that back…but nooooo….tenants cried financial hardship and their bond was released to them. During this time, the REA didn't even bother to let me know it was going to the tribunal etc….I would have been happy to write a letter stating we were in worse financial hardship over this, at least they weren't going to lose their house! Anyway, I went right off, the REA has now had to pay me at least the bond back out of their own pockets, but I am still $960 out of pocket for it! Plus all my overdue fees for the mortage being over due a few months!
Heck we bought that house when we were still in a lease and continued to pay rent until a new tenant was found (which I later found out they never even bothered trying to find since that house was also on the market)
We ended up selling the house 20K under market value just because we had no choice, it was that or let the bank do it!

Moral, try the tribunal, they seem to favour tenants! It seems as though you (unlike my tenants) have been given the raw end of the stick.

We have our investment property for sale in Narrabri NSW. 15th June median house price was 190,000 today it's 210,000 Not much of a difference compared to what others have reported, but good for me  Graph shows region on a decline, but Narrabri on a good incline …. Thanks mines

another good site is http://www.photobucket.com it has paid or free (paid just has more space)

True, our house (which is for sale) recently rented for $180 in regional NSW, after painting a couple of weeks ago, new rental valuation of 180-220 with 200 being base (think they just put the 180 because they knew it rented for that recently) They have actually told me, they will tell prospective tenants $200+ Mind you, we aren't throwing it away at the prices you paid, but still our asking price of 148000 is quite low, specially for Narrabri right now!
Amazing what a new coat (or 2 or 3….lol) can do to a place!

Travel and something artistic, would have to do something otherwise I would get bored, but definately sleep in every day!

Don, there are subdivisons going on all over the place in this area right now, even in rothbury I think which was a blink and you'll miss it area! Happy to see if I can find out though if Greta is subdividing around that area, my real estate is really nice and if they know they will tell me

When I sold 1 house about 9 weeks ago, I rang the bank as soon as contracts were signed as they had to organise a partial discharge. I then had to put my request in writing and fax it to them. Was lucky I did too as it was all only done just in time, mind you it was a 30 day settlement so quite short as is the way in QLD!