Hi Guys,
We just re-let our house in North Narrabeen in Sydney's Northern Beaches. The current tennants wouldn't commit to another 12 months and we didn't want it coming vacant in mid-Winter when they wanted to move out so we gave them notice and they're moving out in two weeks time.
We laboured around what price to ask as it had been let for $800pw which is a hefty sort of number, but its a great 4 bedroom house with an inclinator access which puts some people off. I didn't want too long a vacancy between lettings so agreed to put it on for another 12 months still at $800pw.
The agents had an open on Saturday after only three days listing on REA.com and had 8, yes EIGHT, parties through. One of the parties came back and offered $840pw to secure the property. Two other parties are still interested in letting it so we'll wait till all applications come back in then assess which tennants we'll take on.
Just blown away. This is a difficult access site which puts a lot of people off and has a pretty high rental price point. But still a huge amount of interest.
Sydney is far from dead...
Cheers,
Michael
We just re-let our house in North Narrabeen in Sydney's Northern Beaches. The current tennants wouldn't commit to another 12 months and we didn't want it coming vacant in mid-Winter when they wanted to move out so we gave them notice and they're moving out in two weeks time.
We laboured around what price to ask as it had been let for $800pw which is a hefty sort of number, but its a great 4 bedroom house with an inclinator access which puts some people off. I didn't want too long a vacancy between lettings so agreed to put it on for another 12 months still at $800pw.
The agents had an open on Saturday after only three days listing on REA.com and had 8, yes EIGHT, parties through. One of the parties came back and offered $840pw to secure the property. Two other parties are still interested in letting it so we'll wait till all applications come back in then assess which tennants we'll take on.
Just blown away. This is a difficult access site which puts a lot of people off and has a pretty high rental price point. But still a huge amount of interest.
Sydney is far from dead...
Cheers,
Michael