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I agree Dave, was a little bit worried about getting it rented out but my PM got a good tenant in the first open so I guess stock in good condition will still rent well. On the sale side though, I just had a look and, in St Marys at least, the lower end seemed to have just gone. Struggling...

It's a unit, stock standard 2/2/1 unit in a small complex on the top floor. Recently rennovated with floorboards, new kitchen and aircon. At current interest rate, taking into account full purchase price plus costs, it comes out pretty much neutral.

What about taking a look at 2760 then? I just bought a place in St Marys for 200k and rented it out before settlement at $300 p/w.