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Thank you for your response. Looking at real estate.com places available for rent our place looks quite under rented (though the tenant has been living there for over 5 years). However if the ended rental price is less than what's been advertised in many cases, that gives me more confidence...

Sorry to post another Frankston thread. However as an owner of a property in Frankston North I'm interested in people's thoughts on rental demand in the area. From what I can gather from realestate.com.au rents are rising with not too many properties available for rent. Is my observation...