Warnie, "rents also still very good for IP."
Fantastic I say. According to RP Data June, the GROSS rental yields for homes are:
Sydney 4.4%
Melbourne 3.7%
Brisbane 4.7%
Perth 4.4%
Adelaide 4.3%
Hobart 5.3%
Darwin 6.0%
Canberra 4.8%
After outgoings, I hope it's enough to offset falling prices.
Nationally, prices fell 1.4% for the Month. In Melbourne, prices fell 2.66% for the month. Takes barely two months of falling prices to errode the years rent.
And where is risk priced in?
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