Keeping track of the rent, part 3

Week three of me tracking the high end of the rental market in Drummoyne, post code 2046.

This my original sample, taken 3 weeks ago. Here's progress:

• 434 Great North Road ABBOTSFORD $700 - deposit taken last week, but still on the market
• 85 Renwick Street DRUMMOYNE $750 - still available after 2 weeks
• 9a Wrights Road DRUMMOYNE $780 - still available after 2 weeks
• 30 Preston Avenue FIVE DOCK $800 - still available after 2 weeks, dropped to $780
• 20 Thornley Street DRUMMOYNE $900 - still available after 2 weeks
• 6 Shackel Avenue CONCORD $950 - still available, and according to Google cache, it has been around since 26 May. That's now two whole months on the market, meaning the owner has lost $7,600 in rent. You have to wonder how long they'll hold out at this price.
• 32 Polding Street DRUMMOYNE $1,000- still available after 2 weeks
• 32 Barton Avenue HABERFIELD $1,000 - still available, but interesting to note that back on 18 June, it was listed at $670 per week. Something odd going on here.

This lot came on the market last week and are still available:

• 3 Norman St FIVE DOCK - $1,000
• 18 Fitzroy CROYDON - $900
• 51 Macnamara Ave CONCORD - $750
• 31 KINGS ROAD FIVE DOCK - $750

No price drops, and no rentals either. At the top end of the market, things are dead.