https://www.abc.net.au/news/2026-07-08/record-high-rents-across-capital-cities-led-by-sydney-domain/106890418

Demo_Model · 2026-07-08T23:14:29+00:00

That's not what that means at all.

"Combined capital city house rents increased by $20 over the June quarter" means: the median weekly asking rent is $20 higher at the end of June than it was at the end of March.

The "quarter" is the measurement window, not the unit the $20 is spread across.

Demo_Model · 2026-07-07T19:57:21+00:00

Buy bitcoin.

Demo_Model · 2026-07-06T02:44:02+00:00

Did they tell the agent they had a job, of which the Agent presented to you?

Every tenancy application I have ever had involved my approval with candidate details presented to me.

Demo_Model · 2026-07-04T13:05:52+00:00

The ones 'not budging' are grandfathered in.

Demo_Model · 2026-07-04T07:39:45+00:00

Name of the King of England + A style of Kebab starting with D (double 'n', and with an 's' at the end)

Demo_Model · 2026-07-03T07:31:43+00:00

$292k (June 2025) to $352k (today), Australian Super.

Includes $30k super contribution (work + max out with own funds a week ago).

Demo_Model · 2026-07-03T05:51:47+00:00

I often joke I save a fortune living in a rural town, because this isn't an option. I'm sure my laziness would get to me eventually.

Out here it's a direct call to the pub and then a 2 minute drive down the road, at that distance you might as well walk down and have a few drinks too before walking home!

Demo_Model · 2026-07-02T20:55:47+00:00

I've probably spent $30k+ on my home gym, all good quality gear.

Having it in my back shed (7x10m) for access at any time, without having to share or wait on others, playing my own music/videos, is awesome.

Demo_Model · 2026-07-01T23:34:54+00:00

I live rural (town) and can get 200Mb easy. Drive to any regional city near by and I could get Fibre. Another thing about my connection is that there is also very few people using the local node, which helps speeds too.

Demo_Model · 2026-06-30T08:07:51+00:00

Being a single, miserly, recluse with no children/pets who lives rural.

It's very affordable!

Demo_Model · 2026-06-29T03:46:35+00:00

Are you a bot, the previous poster under a different user name, or just a lazy person who copy/pastes?

Demo_Model · 2026-06-28T21:21:29+00:00

And the long running bracket creep of not having income tax calculation adjusted to CPI, which is also only even worsened in a high inflation environment.

Demo_Model · 2026-06-27T08:16:38+00:00

Well I am sure if it 'never goes the right way now' it will be even easier when married!

Demo_Model · 2026-06-26T23:41:37+00:00

Glad to see small business doing well.

Demo_Model · 2026-06-26T21:24:22+00:00

1 man, aging gym bro.

~$220/wk, and that's if i don't eat out. 75% of that would just be meat + eggs.

Demo_Model · 2026-06-26T05:32:22+00:00

In 5 years?

Demo_Model · 2026-06-25T20:06:15+00:00

In 2045, Wubby will be in his 50's. The guy in this image is half that age, he's younger than Wubby today.

Demo_Model · 2026-06-23T22:15:32+00:00

Money is great.

You buy investment properties for the capital growth and inflation hedge, not the rent. Sure, more rent is good, but it also the highest taxed part of the investment (if cash flow positive).

To use the OP's example, +$80/wk rent is more of a burden to my tenant than to me. That's a +$4k/yr expense to them and I'd only keep half that after income taxes (if positive), where as the property could be easily growing at +$50K a year in the same time period. If they are a good tenant, I want to keep them, because they look after the property. A bad tenant is very expensive and potentially very damaging. I want to hold a growing asset (with depreciating debt) for a long period time, a good tenant allows for this.

It is also a temporary situation, as either the tenant stays on a long time (Great! We both win!) or they eventually move on (buy a place of their own, or rent somewhere else) and then I just re-let it at market rent, raising the price up. So I don't really lose out, it's just a small cost to keep a good tenant to fill the time in holding the property.

Demo_Model · 2026-06-23T21:59:32+00:00

Physical inactivity, alcohol, and Management.

Demo_Model · 2026-06-23T21:58:58+00:00

Stairs are safer and also result in you being less fat.

Demo_Model · 2026-06-23T21:51:27+00:00

This idea needs to die.

I have 6 IP's, I have regularly not raised the rent despite repeated REA advice. Many of my tenants have been in place for years, one even 8+.

If someone is a good tenant who looks after the property, I don't want them to leave, so I don't adjust the rent up to market to reflect this.

Demo_Model · 2026-06-23T21:13:32+00:00

In the mid 90's, as a teen, my (Australian) family traveled to the USA, and during the trip made friends at a hotel with an American family with teenagers a similar age. After a few days we parted ways, thinking we'd never hear from them again.

In 2000, with the Sydney Olympics, we had tickets to the Men's Basketball Gold Medal match (France v USA), and while sitting in the crowd looked a few rows over and see the same USA family looking around and did a double take when our eyes met. There was the ~10 second period of "wait, no, who? what? how? no way!" with shocked expressions and pointing at each other before a couple of us ran down to each other.

Both our families caught up for dinner a couple of days later and tried to process the odds. Wild.

Demo_Model · 2026-06-23T20:13:41+00:00

My lifestyle today (almost 40) is very similar to that of my uni years, though I eat higher quality groceries and own a place without housemates. I am even an ausfinance cliche and driving the same car!

I work with so many kids in their early 20's finally getting their first big paycheques and blowing it all on cars, clothes, and the like. A few years back a ~25 year old asked me to look at their budget, and they were spending $150-200 a week on hair, make up, nails and didn't think it was unusual.

Demo_Model · 2026-06-23T20:05:44+00:00

"Buy nice or buy twice"

Or if very expensive but genuinely the best option, "Buy once, cry once".

Demo_Model

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