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Percentage difference units v houses

What makes for the more popular investment: units or houses?

Nationally, 58% of flats, units and apartments are owned by investors. That is quite an amazing statistic, especially when you compare that with detached houses where only 21% are investor owned. Across the capital cities the proportions are even higher. Darwin tops the list with 70.6% of all units being rented followed by Brisbane where […]

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Proportion of occupied private dwellings inhabited by renters caps v ros

Which Australian suburb is most popular with investors?

Based on figures from the 2011 Census, the proportion of dwellings which are rented has remained fairly consistent across Australia over the past decade.  Rented dwellings comprised 27.6% of all occupied homes back in 2001; ten years later the proportion had risen by only slightly more than one percentage point to 28.7%.  The Census data […]

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Gross rental yields

Is the tide starting to turn for the Perth housing market?

Well… not yet based on the fact that home values are still falling, but the underlying fundamentals are starting to look much better compared with other capital cities.  Perth home values have recorded the weakest results of any capital city, down 7.1% over the year to April 2011 (which also equates with the peak to […]

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Overseas arrivals SMALL

Fewer long term visitors likely to result in less rental demand for student accommodation

Overseas arrival numbers to Australia have continued to decrease, continuing the downwards trend in the rate of population growth that first became apparent in early 2009.  In the first quarter of 2009, total permanent and long term arrival numbers averaged about 71,000 movements/month.  The October figures released this week show the monthly arrival figure has […]

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Yield data

Evidence growing that rents and yield are on the improve

With property value growth flat over the September quarter and the market transitioning from a period of strong growth to relatively flat conditions, we have long expected that rental market activity would start to pick up. Data included within the RP Data-Rismark Home Value Index shows that the anticipated improvements in the rental market are […]

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Rental table

Renting costs remain flat in capitals

RP Data recently released their quarterly Rental Review which showed capital city rental markets have remained surprisingly flat during 2010. The weakness in the rental market was widely anticipated, with more first home buyers becoming active it was logical that some heat would come out of rents (most first home buyers were previously renters). On […]

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