If furnished, more suitable for short term stay, since tenant can walk in with suitcase. Then to command higher yield over long term, with higher initial outlay, but do bear in mind the window of vacant period and agent fees(if any) everytime a change of tenant.

If targeting long term tenant, family style, maybe they prefer unfurnished where they will have a say to how they like it. Tenant tend to be stickier, will take care of your unit better. Of course, yield may be lower, but probably lower upkeeping cost too.


That's how I would rationalise. But have to consider all other factors.

It's like running business, you can be high end niche market or you can be Giant supermarket, but whether your business model rocks or sinks depends on the location you operate. Cold storage in ulu ulu place will kill you, how fast, depending on your holding power.

If you have bought your unit with intention of investment properties, was it meant for rental purpose? If yes, what is the rental prospects back then when you decide to buy it? If not, what has changed your mind and why rent it out now?

Depends on whether you are in deep hurry to rent it out to support your cashflows, if yes, then just look at the rental market in your property area, students, young working class prefer partial to full furnished (cheaper class). Without too stringent on tenant profile, and not too demanding on rental yield, should be able to solve quickly.

If you are the kind with deep pocket, and your property location has the great prospect of renting to expats. Suggest to throw in those nice fully furnishing and charge a premium for rental. Risk here is that higher outlay and you may have to wait till someone really appeal to your unit and dont mind paying your premium rental, then sign them up for 2+1 tenancy with your charm. Note the BOLD

And of course, if family kinda tenant profile is what you want, this really depends on luck on finding one and how they like it to be. One option is offer it as bare unit with option to furnish it at a higher rental rate.

Again, with the knowledge of exact location and which building would help to get much better answer.