Rental Growth Flat For Houses, Solid For Units

After showing signs of growth recovery in the March quarter, national rental growth for houses remained largely flat over the June quarter, the latest report has shown.

According to Australian Property Monitors (APM), national house rents rose by only 0.7 per cent over the June quarter of 2010.

On the flipside, unit rents showed solid rental returns, national growth coming in at 3.5 per cent for the June quarter.

APM economist Matthew Bell … Read the full post »

Posted in Marketplace News on 13th August, 2010 | No Comments »

Property Remains a Solid Investment

A virtuous combo of low interest rates and a tight rental market is sparking renewed interest in residential property among investors.

Interest rates have now fallen to such low levels that, for the first time in years, astute buyers are able to find a selection of “positively geared” (or “positive cash flow”) investment properties:

that is, dwellings where the rental income is greater than the mortgage repayments and other costs associated with … Read the full post »

Posted in Marketplace News on 8th August, 2009 | No Comments »