Caution needed to cash in on regional boom
Rents and house prices have been rocketing in the regions for the past 12 months, but that doesn’t necessarily mean all towns and non-capital cities are sure bets for property investors.
Newcastle was one of the fastest cities in NSW to lease a rental property in April. Photo: Shutterstock (Image source: Shutterstock.com)
Rents and house prices have been rocketing in the regions for the past 12 months, but that doesn’t necessarily mean all towns and non-capital cities are sure bets for property investors.
Hot on the heels of releasing data showing regional house price growth
was far outpacing that in capital cities, CoreLogic has revealed that rent rises in rural towns are putting an even bigger gap between themselves and their major metropolitan counterparts.C…
