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That actually sounds about right, as long as they advertise for 500 at the time that you leave the property.

I'm assuming you've already left the house (although that wasn't clear). The short version is probably that you would be liable for any vacant period where it was advertised at $500 a week - but probably not for any period where it was advertised for higher. That's a very short analysis...

Give me a PM and I can probably arrange to give you the legal advice.

REIWA shouldn't be giving legal advice because here is a classic example of where they are wrong, if what they said implies that an owner can increase the rent AND claim for lost rent in a 'break lease' situation.

Yes pretty much, if you give the 21 days notice and actually hand back the keys as per the notice. You should stop paying rent after you vacate and see what they do. If they advertise and chase the higher rent, then you aren't liable for any further rent. But like I said, possibly still...

Short version in the above cases is that the owner is free to advertise and re-let at market rate, but if its an increase, then they probably would not be able to claim any break lease rent component for any vacant property period. But possibly still be able to claim pro-rata advertising and...

This sounds familiar.