You know the estimate I'm talking about; you purchase a place, and the bank wants a rental estimate to calculate serviceability. Every time I look at their estimate I raise an eyebrow over how high they are. I never complain though as it only helps me with the banks. Clearly they do this intentionally to help people get over the line, should they be on the line. But it seems to me this should be an easy target for APRA? I mean instead of asking for a letter, have each bank assessor bring up 10 similar properties in the area and take an average. Even a rough 60 second analysis would still be more accurate than what the agents provide. Anyway as I said I'm not complaining, but it's always seemed like low hanging fruit. Imagine if someone with a portfolio of 10-20 properties were to refinance with a 10-20% inflated income estimate.