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    Rental return indication of property value?

    Living on Gold Coast. Three units have sold in a walk up block Im renting in over the last 2 years . I predicted the sale price rather accurately by knowing the rent. Units can rent a tad higher due to landlords factoring in body corp to an extent. Its certainly not absolute , think the rule can...
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    Rental return indication of property value?

    not saying "should" at all Simply wondering what others thought of this formula for gauging the value of a property. Obviously I don't assume its a hard and fast guide. Yes it has been my experience and observation that its panned out this way most of the time , in the bottom end of the...
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    Rental return indication of property value?

    had an offer Hi Dave, Have had an offer at $490,000. My observation. Personal experience.
  4. O

    Rental return indication of property value?

    Hi All, I have a duplex on the market. Did a reno with new kitchen and bathrooms retiled and new vanities etc. My first and only offer is $490,000. I had a rental appraisal done by 2 agents recently. Both said $580-$600 per week. What are reasons that sale price and rental return can be out...
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