Setting the right rental price is crucial to making sure you get the right types of tenants, who will look after your property and make sure that your investment meets expenses and earns you money.
You must approach this objectively and don’t ignore what the market suggests you should offer either.
Have a look online at commensurate properties in your area, for example homes with a similar number of bedrooms, bathrooms and car spaces.
Narrow down your list to 5 comparable properties and obtain an RP Data value report.
This report is full of up to date data that gives you an estimated price based on key statistics and properties that were recently let in your area.
Want to advertise your rental property?
List your property with us here: http://www.realrenta.com.au by signing up (For Free) and entering your property.
