๐ฅ๐ฒ๐ป๐๐ ๐ถ๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ ๐ญ๐ฌ.๐ญ% ๐ถ๐ป ๐ท๐๐๐ ๐ผ๐ป๐ฒ ๐๐ฒ๐ฎ๐ฟ
Property investors are enjoying significant increases in rental income, according to the latest data from CoreLogic.
Across Australia, the rent for the median investment property jumped 10.1% in the year to February.
That was the same as the January result and only slightly lower than the record 10.2% increase in December.
The reason rents are increasing so quickly is because rental accommodation is so hard to find.
In February, only 0.8% of rental properties were vacant, according to Domain โ the lowest on record.
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.