Latest rent yields and vacancies. For property investors, here is an insightful look at what’s happening nationally in the rental market.
According to new data from SQM Research, vacancy rates throughout all of the capital cities in Australia from June 2020 to June 2021 fell with the exception on Melbourne. Melbourne’s results have obviously been impacted with the various lockdowns that took place throughout that time. For many parts of the country these falling vacancy rates are seeing upward pressure on rental yields. This provides positive news to investors who are wanting to increase their rental return.
As it becomes more difficult for a renter (tenants) to find a property to lease, this naturally makes it easier for rental providers (landlords) to increase their asking rental prices.
The latest rent yields and vacancies trends are highlighting some optimistic news for property investors. If you’d like to learn more about property investment, please feel free to contact us. We specialise in sourcing brand new and off the plan properties for buyers. We also charge no fees to buyers.
If you’d like to learn more about property investment, our YouTube channel and Market Insights also provide a wealth of information to assist you with many areas relating to property.
While we have taken care to ensure the information above is true and correct at the time of publication, changes in circumstances and legislation after the displayed date may impact the accuracy of this article. If you want to learn more, please contact us. We welcome the opportunity to assist you.
August 2021
