rental property , page-5

Some small anecdotal evidence for you.

I moved into a new rental property about four weeks ago - a townhouse in inner north brisbane.

1) In our conversations, two seperate real estate agents told us that the rental market in Brisbane has softened.

2)Regarding one place we looked at (a house in Mitchelton), the previous/current renter was at the inspection and asked me what the asking price was. After I told him, he informed me that it was less than what he was currently paying for it.

3)The price we are paying in our rental was discountered from the original asking price, albeit only $10 a week.

4) I noticed demand for lower/lower middle bracket houses still seemed particularly strong, in terms of how many people were attending the inspections.

Like I said, this is just my recent personal experience in Brisbane and I am not trying to amplify my small experiences into any broader market generalisations.

Take from it what you will, thats all.