๐๐ผ๐๐๐ฒ ๐ฅ๐ฒ๐ป๐๐ ๐๐ถ๐ ๐ฅ๐ฒ๐ฐ๐ผ๐ฟ๐ฑ ๐๐ฒ๐๐ฒ๐น๐ ๐ถ๐ป ๐ฆ๐ถ๐ ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น๐
Many property investors enjoyed massive rental gains during the just-completed financial year, according to Domain.
Between the June quarters of 2022 and 2023, the median house rent jumped 11.5%.
While house rents declined in Hobart and Canberra, they increased in every other capital city.
House rents are now at record-high levels in Sydney, Melbourne, Brisbane, Perth, Adelaide and Darwin.
"With the high demand and tightening supply, Australiaโs rental market has locked in favour of landlords, putting tenants in difficult positions when faced with rent hikes,โ according to Domain.
Subiaco finance brokers are here to help
Interest rate rises are here, but you donโt have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge. Weโll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.
Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.
