High yields in smaller cities attracting investors
Australia’s smaller capitals and mid-size regional cities are experiencing chronic rental property shortages that are pushing rents higher and luring investors seeking to achieve capital growth as well as positive cashflow.
Rents are growing swiftly in smaller cities, but not yet at the same rate as property values. Photo: Shutterstock (Image source: Shutterstock.com)
Australia’s smaller capitals and mid-size regional cities are experiencing chronic rental property shortages that are pushing rents higher and luring investors seeking to achieve capital growth as well as positive cashflow.
Recent reports from SQM Research show that over the four years to March 2021, vacancy rates fell substantially in Brisbane (3.5 per cent to 1.5 per cent), Perth (5 per cent to 0.9 per cent), and Adelaide (1.7 per cent to 0.8…
