I guess this is a rant in someway. Anyone has IP here and can advise the vacancy period? PM asid 4-5 weeks however might be longer as it just came out in xmas.
Long story short, property was left in poor state by the previous tenant. So after clean up and a bit of freshen up, it was ready on 15th of DEc and has been listed since for $290 pw in December.
Due to low interest, we reduce the asking to $280pw. There are several people looking around last week, but haven't go any applications yet. I'm wondering :
- Is it worth to reduce it further to $270? PM said the main issues is that there are so many rental properties in the area, with $300+ a week people can get bigger or newer house or with air con (min is smallish 3 bedroom with good sized backyard)
- Should I wait? will the listing go 'stale'?
P.S. I can send the link to the listing through PM
This is the property before and after - it's old with original kitchen, neater after painting etc.