I'm about to sign a contract for an IP in Logan. I've just received a copy of the rates notice. The total quarterly bill was $753 (YIKES!), but included in that was a Water Consumption charge of $118. Does the tenant pay the water consumption (i.e. We pay it first then the PM forwards the notice on to the tenant for payment)? If so that would bring it down to about $635 out of pocket which sounds more reasonable. I'm aware of Qld's high rates but I thought $753 was a bit over the top.