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probably the best option is to have the property apraised by 4 or 5 agents...........then take no notice of their overinflated prices and decide on a middle of the road price....do some serious research on rp data or pds of recent sales to get a good feel of things. make no mention to any...

Im no maths expert, nor do I know the area your home is in but if your property is valued at approx $550k, the rent return is damm poor compared to what is currently happening in many markets across Aust....I'd be flogging off that place and seeking a decent investment.. Thing is the best...