I have a place in Cloverdale that has been on the market for rent for over 6 weeks. Previous rent was $440 per week. There is no interest at $390 per week. The agent called some contacts at another agency and without inspecting the property they advised $320 per week! That seems rather low To give you some idea, there is a house in the area listed for rent at $320 per week. In my opinion it is not comparable to mine. http://www.realestate.com.au/property-house-wa-cloverdale-411519655 I was thinking maybe $360 or $370. There is something around the corner for $365 which I don't like as much as mine. http://www.realestate.com.au/property-house-wa-cloverdale-414763859 I don't have a link because the property has been taken down for a week then it will be relaunched at $360 or $370. However, here are some photos for comparison. I know the colours are a bit weird, but it is neat and tidy and in good condition. Update: while I have been writing this post my investment partner spoke to some more agents who suggested relisting at $350 per week. Ouch!