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I spoke with my trusty REA yesterday here in Mandurah, said he had written up 3 offers this week all starting at least 40k under the asking price. Would not want to be in a hurry to sell here at the mo. It really is a buyers market. I do know someone who is about to try and offload 6 in...

Ausprop, You would have to be a lucky one to get 6% at the mo. I haven,t been able to increase my rents for well over a year now, more like 18 months actually. Rentals avail everywhere. I,ve got one vacating soon, the ip is for sale so l think l might leave it empty to see if we get any bites...

I have spoke to 3 [trusted ] RE agents this week and they have all said the market has turned. Mainly in the under 700K market. One sold a property the day it was appraised. Our neighbour sold a perth property the day it was listed a month ago. I imagine if, and l mean if, we ever get a run...