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Putting aside the Scientologists, I would rather live in Glebe than Central Park. I'm a fan of smaller communities, and CP is a huge one. I wonder whether you make that point in the ad? 'Do you want to live in a student ghetto, or in a mixed community? Glebe is still very much like it was 30...

That's going to make it hard for potential tenants to find it. Boy, there are heaps to rent in Chippendale.

Yes, that Central Park development is massive - and fabulous. Across the road from UTS and a ten minute walk to Sydney uni. There would be lots of tenants in Chippendale and Broadway thinking about moving in there.

Yep, there would be a lot of flats becoming vacant around there at this time of year. $450pw (let alone $475) seems a lot for an older 1 bedder in a soft market. Have you done a search to see how many others are available and what prices they are asking?