Positive gearing is becoming Australia's rarest property investment
With just 0.8 per cent of Australian suburbs delivering positive cash flow, investors are being forced to focus on rental yields, borrowing costs and cash flow sustainability.
Pinpointing positively geared properties is now next to impossible in the suburbs of the nation's major capital cities. (Image source: red.io/Shutterstock.com)
Profiting from property is now almost entirely down to capital growth, with positively geared properties harder to find than a platypus.
Unlike the platypus, which can detect its prey through its sense of electrolocation, property investors looking for investments in which the rent covers the mortgage are almost in the realm of the unicorn.
Newly released data from Cotality reveals that a mere 0.8 per cent of suburbs nationwide deliver positive…
