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gladstone townhouse just dropped my rent from $350 to $310 to get a tenant (& repainted & recarpeted as well!)

another karratha? unfortunately i dare say that there were a heap of 'investors' that were lured into investing by the spiel & greed - however Gladstone was never going to be another Karratha - the fundamentals are quite different - the restrictions on land & development that exist in Karratha...

gladstone i have 2 townhouses in gladstone - purchased in 2009 for $200k .. rent then $220/wk - the rent is now $350 & holding steady although i am expecting downside pressure - maybe to $320 i finally visited gladstone the other week for the first time & this is my take .. i could not...

agents in gladstone 'Good Real Estate' have been good - been with them for 3 years now

rent rates one of mine has just gone up $30/week too following a tenancy renewal

rental just re-let one of my properties - the rent has changed from $235/wk to $320/wk - now that's what i call an increase!

a quote from the NAB quarterly australian residential property survey sept 2011 (came out today) "For the fourth consecutive quarter, the harbour town of Gladstone (Qld) was the most nominated response as the location expected to grow fastest in terms of capital values over the next 12 months.