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Prices going up as Gladstone property market stabilises. http://www.gladstoneobserver.com.au/news/prices-are-on-the-up-market-gets-boost/2648943/ 0.8% Price growth in last quarter! 1st growth in 5 quarters. Lets hope it lasts. Cheers, James

Isn't hindsight wonderful? With interest rates dropping to historical lows, housing prices booming, buying a property in Gladstone in 2011 was just about the worse place in Australia you could of bought. With a 20% recovery needed just to break even, I think we are looking at having to...

Real estate sales hit five-year high in state http://www.gladstoneobserver.com.au/news/real-estate-sales-hit-five-year-high-in-state/2578209/ Maybe, just maybe, there will be some flow on to Gladstone, but of course, us trying to get tennants will just love more properties being sold! Not...

Well, the good news is that I've still got tenants til 11th July 2015. Is there any other good news or is it still all bad news? Happy New Year all Gladstonites :-)

Just re-let at $410 pw Forced to re-let to new clients for $410 p/w for 4/4/2 furnished in Gladstone. Had to take it really, puts me in the hole for $7000 p/a - a long way from the $12K positive of the hay day! Serves me right for not buying in a capital city :-) Any other...

$420 ouch - well, my place is fairly similar. But its fully furnished, so I've added more. Doing a search for 4/2/2 furnished places gives 3 results. Some warehouse thing, a rundown CBD place and mine. Either way will reduce to $500 in a few days...

Well my 12 month lease is up in May and the nice tenants are not staying. $650 per week they were paying. I'm trying to re-lease at $550 per week, for a 4/2/2 furnished in Kirkwood. Long way from $940 I was getting 18 months ago! Sheesh! Anywho, thoughts about trying for $550...

It would seem to be a pain to go un-furnished now that the place is brimming with furniture :-) But I've just had a long talk with the agent and am reducing the property to $740 to get a tennant asap. I'll let the thread know what happens. Some 'on the ground results' from the agent, most...

thanks Thanks for the tips Angel and Matt. I've just reviewed similar properties furnished 4/2/2 in Gladstone and am going to ring the agents now... Cheers, James

One month empty Hi, Title says it all. Accepted a 6 months lease at $940, the tenants didn't renew and now the house has been empty for a month and I've been slowly dropping the rent... its at $860 now... Should I dump my agent and go for a bigger agent like Ray White? Burn it down? :-) Any...

Anyone affected by the rain in Gladstone? Cheers, James

Hi Sam, The opinion about Vantage was posted a few days ago in response to your post ;-) I always thought Vantage was ok, or rather, I had not heard anything negative about it - till now. I was having a hard time leasing my place, but when I decided to furnish, it was leased in a couple of...

should I increase rent? Greetings! I'm after some advice from those doing this gig for much longer than I have been! In 2 months time the 6 month lease is up on my furnished house 4/2/2 in Vantage Estate (sad to here that it is not regarded as a great estate!) I'm currently getting...

Capital Gains? Does anyone think we will see any capital gain over the next 1 - 2 years? With all the new estates I am wondering if there will be any upward movement in prices!! My property is in the Vantage estate if that helps... Cheers, James

I got no bites @$720 unfurnished and told the agent I was willing to furnish it. He spread the word and I got a tenant in a few days at $940. It cost close to 10K for the complete furnishing package but I through in a TV in each bedroom to secure the deal and it was all last minute purchases...

Hi Neil, We had planned to lease unfurnished for $750 but listed at $720 and after a week or two identical properties were down to $670 still with no takers. Had to make a change to differentiate the property and deciding to go furnished got me a tenant in a couple of days. Can't...

Just rented my Vantage Estate 4/2/2 for $950... had to furnish the place to get it leased... did take a slight risk in accepting a 6 month lease - but in 6 months this temporary slump in demand might have goon away ... maybe! H/L package was about 550,000 so I guess yield is ok. Do I get a...

rental fees Hi Gladstonites! Just got this fee summary from a 'big' real estate agent: Letting Fee: Amount Equivalent to the First Week’s Rent + GST Rent Collection Fee: 5% of Rent Collected + GST Management Fee: 4% of Rent Collected + GST Administrative Expenses: $3.00 per calendar...

Hi norwoodman (another ex Adelaidian?) Thanks for that. Its one of the Vantage estate properties, near Broadwater Terrace (not on Google maps yet!) I am a little fearful as I have simply no idea about Gladstone, as I am an out-of-town investor. Although there is more good news then bad on...

First time poster :-) Hi Forum Members, I'm getting pretty excited my house in Gladstone (New Aukland) 4/2/2 is going to completed in about 8 weeks! I'm looking for any tips about renting it out! I'm sure my financial advisor guy will have something to say about it, but I want to get some...