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Good stuff.

I'm not sure what the official stats are showing now...but my gut feeling is that rents may well decline this year, particularly in areas that experienced rental booms last year. The one I dropped from $260 to $250 was rented at $190/week 15 mths ago (no work done to it in between), so...

I've got one in Northcote too, let us know what happens.

I had to drop by $10, or 3.8%, for one IP (Reservoir) this month.

I am referring to black dragon's vacancy figures: http://www.somersoft.com/forums/showthread.php?t=49035 If vacancy rates are in fact increasing eg. in Melb/Syd, are people seeing this in their own IP areas? I am seeing a plateuing of rental values, albeit after 18 mths of crazy...

Hi there, Is there any anecdotal evidence out there amongst landlords that rents may be plateuing or even falling...broadly speaking? Thanks.