Hi everyone, So I've got a few properties we've built and have on the market, they are rented for $390/wk each with most having long term tenants (2 year agreement with annual increases in place). less than 12 months old so significant tax depreciation benefits. Situated between Brisbane and the Gold Coast. What would you consider reasonable asking price?? I worked for a mortgage broker back in the early 2000's and I remember deals coming through where rent was $400/week so they would buy them for $400,000. Obviously the market is very different now but I still can't get my head around some of the investors I've spoken to that are wanting 8% rental yield or 5.5% yield net of expenses on our property. So I guess what I would like to know is how much do you think is a realistic price for a property tenanted for this price? Also what rental yield do you expect from your properties?