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I had some top end 1 bedders (not in NSW) where the level of interest was not as I hoped. So I furnished them and the rent is now higher than the rent I get for identical 2 bedders. I have now tapped into a new market rather than dropping and competing with the lower market (which I am also in...

90% of my rents are going up - the 10% exception are the top end. This is consistant with the article. The heading only tells half the story. Not surprised that there is little pressure on the $1K per week rentals :eek: