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Many thanks for your comments Ed I agree with your comment about the x no weeks 'free rent'. I put the 'free rent' option and the 'x weeks reduced rent' option to the PM. The PM chose the reduced rent option as they could put the reduced rate ($320 vs ongoing of $340) on the front page and (I...

I don't have to sell but 7 weeks and counting and the new apartments coming onto the market is making me decide whether to bite the bullet now, or see what the crystal ball holds.... Market's comment about the ACT government's affordable housing strategy says it all....

Yep, and it's this half of me that's saying hold on, it'll come round. Just wondering what the surge of new apartments would do to the market??

Many thanks for the link 13andcounting. I read the post a little while ago and re-reading it now, reminded me why I am looking to sell, and that's because of the larger number of units that will come onto the market over the coming months - year :eek: Half of me is saying 'it's cyclical, hold...

Hi Ed Great suggestion, thanks. Here is the link to the ad - more than welcome any comments. I think the photos and write up is ok. The property doesn't have any furniture at the moment so I would need to hire a staging company to fill it with furniture for the photos if we felt it needed...

Many thanks for the comments. The unit is only 6 years old, so no reno potential. I am wary of pulling equity out as based on the current market sales prices, I feel that there won't be too much equity to pull out (only about $25K) and will put the property into a -ve gearing position (based...

Hi all Due to the oversupply of rentals in the current Canberra market, I am having difficulties renting my 1-br unit (7 weeks and counting…. others have been advertised for longer). The PM is great and we are doing all we can to keep the interest – lowering rent ($40/week and lowering)...