I'm trying to sell a property in Gladstone and I'm getting zero interest. The area is a severe downturn with vacancy around 10%. It's a terrible time to sell, but I decided should take the hit and offload in order to move forward. The property has been on the market for 6 weeks with 2 huge price reductions ($425k -> $398k -> '$370k+'). It's barely getting any interest, I've probably had 3 people through in that time. I'm trying to decide if I should simply rent it out again and wait for better times, or continue the sales campaign. The average time on market is around 100 days, it's been for sale for about 42 days. Will things be better post election or am I better off renting it out and trying to sell again in another 12 months (the property cost me $8k to hold for 12 months). Here is the property - 25 Saxonvale Court New Auckland Qld 4680 - House for Sale #122755262 - realestate.com.au David.