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Rental yields strengthen

On Sep 01 2013
Tagged as:
  • Residential Property


The Australian newspaper last month reported a strengthening of gross rental yields across both ...

The Australian newspaper last month reported a strengthening of gross rental yields across both homes and units.

Across Australia’s capitals, the average gross rental yield for homes was 4.1%, while units generated 4.9%.

 

The strengthening of rental yields has come on the back of a bottoming in house prices in many cities, and record low interest rates. Again, Darwin led the nation’s rental yields, fuelled by resources investment in the Northern Territory.

 

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