It also depends what state you are in! Perth is very expensive, Sydney the cheapest. But the difference in 1% comm on a $500pw property is $5pw so concentrate on obtaining the highest rental possible. In melbourne use http://www.maxrent.com.au to ensure you are because worrying about 1% while the property is marketed for $30pw below market rent is pointless!

The newer stock will get you better rental return than the older, but the older stock 60's-80's will have lower body corps. Renovated 60-80's will attrack better quality tenants at better rents, and not have the gym and pool that no one uses anyhow. check out http://www.maxrent.com.au for online rental apprasials in Melbourne to ensure that it will lease…[Read more]