Australia’s fastest-rising rental markets revealed
Landlords are making massive gains in Australia’s fastest-rising rental markets, but prospective investors have been urged to be wary of so-called ‘hotspots’ and carefully consider where the best potential for future returns may be.
Rents are rising rapidly in Coffs Harbour, on NSW's north coast. Photo: Shutterstock (Image source: Shutterstock.com)
Landlords are making massive gains in Australia’s fastest-rising rental markets, but prospective investors have been urged to be wary of so-called ‘hotspots’ and carefully consider where the best potential for future returns may be.
The rising rents have been a factor luring investors back into the property market, who have also been attracted by some of the biggest price growth in decades.
CoreLogic research shows that in the year to June 30,…
