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If it's for the purpose of potentially engaging them to manage the property I would not be paying for the service. Alternatively, do the research yourself on the web, I often find this brings me to the same conclusion as the PM.

Wealth Accumulator wrote:
Leverage is an important part of the wealth accumulation process – as long as the borrower has the ability to finance the costs in good and bad times it can greatly improve wealth acummulation opportunities.

I think we're in agreement

You also didn't mention the leverage factor which is important if comparing rates of return.

Check the rental market in Melbourne and Sydney over the last year and compare it to CPI. Conversely, compare the two six years ago when rents were stagnating. Main thing is the fairest and most risk free way to increase rents is to price according to the market as you've said.

No, I've never had anyone leave because of an increase. I've had tenants negotiate before which is fine. In the current rental market the negotiation power is well and truly with the landlord.

I look at what the rental market is doing and set accordingly. It won't always align with inflation figures (look at the current market).

I've often wondered about Parramatta but it has had a bit of negative press lately. I'd be very interested in your thoughts on Terry Riders recent report:"I've just completed my list of the No Go Zones – the worst places to invest in property in Australia – and the Parramatta precinct is right at the top of the list: prices are still falling, the…[Read more]

Easy; we can supply more rentals, that's where the issue is at present.