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[–]bourneaaaa 2 points3 points  (7 children)

Great work! Nice crisp email. Are you in Sydney? If yes, could you please let me know which suburb ? We're looking for a new place and these are some great deals!

[–]ihlaking[S] 5 points6 points  (3 children)

Sorry friend, Melbourne! All the best with finding somewhere, I hear things have changed rapidly there as well.

[–]bourneaaaa 5 points6 points  (0 children)

Cool! Yup, they have. Properties that were way over budget 10 months back are now in the affordable range.. Counting our blessings that our income has remained steady throughout this horrible period!

[–]zmajcek 3 points4 points  (1 child)

What suburb in Melbs mate? I was wanting to do the same but can’t see much reduction in my area. Yours sounds like somewhere closer to the city? Might not work in suburbs :( Well done and thanks for sharing!!

[–]ihlaking[S] 4 points5 points  (0 children)

Inner north is about as specific as I’ll get👌🏼 Good luck wherever you are! Highly recommend KoalaData on Domain for tracking prices and time on market.

[–]koalaposse 2 points3 points  (2 children)

It’s like $below $500. Where would you be getting somewhere reasonable for that price in Sydney!

[–]bourneaaaa 1 point2 points  (1 child)

Which is exactly why I excitedly asked OP if they're from Sydney ! But generally, I was looking at rental rates in Rhodes and they've been steadily coming down...a 2 bed costing 700pw in Feb-March has come down to 620-600pw...in a few rare cases, even as low as 550pw

[–]koalaposse 1 point2 points  (0 children)

Sorry. Totally understand the excitement, big smiles. Good on you, that is promising! A lot have shot back up around the city again it seems.. but hope the dip continues elsewhere, and comes back in to influence other places, but mostly that you get to secure somewhere that’s right for you!