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  1. chrispy

    Rents Falling!

    I had a residential townhouse become vacant in Cairns, normally this one rents easily as it is close to the beach and is 3 bedrooms and totally renovated, for $300, but this time I waited 11 weeks then took tenants that were a bit borderline at a reduction of $25 a week. References were good...
  2. chrispy

    Rents Falling!

    I spoke to my Agent in Cairns who advises there are many vacancies and rents are decreasing to attract tenants. This of course is the bad time of year in Cairns, with torrential rain, lack of tourists, Qantas reducing flights. This creates unemployment and with it the population decreases as...
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