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Good points WW :) I could say more about the prediction of $355 for the subject property but think the evidence is speaking for itself.

The biggest lies I'm told on a daily basis are all regarding rental potential, I ask and write down everything I'm told but you could throw a dart and get similar accuracy level to what the selling agents tell me. Find a specialist rental PM or two and see who nails a few rents accurately, keep...

Redcliffe Peninsula That initial rent was just too high in the present market for this property. Redcliffe peninsula rents are very slow at the moment and rental stock is larger than it has been for some time.