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Yep, the no cooling off period is certainly something to get your head around, as well as the short contracts

I understand 11% is the TAS REA state standard as a guide for agents. Hobart PM fees about 10% but from other posts I've read, I understand these can be negotiated depending on no of rentals etc

Interesting comment Aaron. Could you expand a little further? When I was in Hobart recently, the northern suburbs seemed to be moving well - commercial premises were maintained well and little to no vacancy. Just wouldn't go to the other side of the river.

Business investment? I think you've given yourself a good start to the argument about why Launnie may not receive further investigation.... If big business/big development aren't looking there, will there be the ongoing employment to sustain the rentals? It would also be interesting to...