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lispingduck

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08/10/15

10:49

Post #: 16136077
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Originally posted by Nedved ↑

Core logic rents for Sept Qtr in.
http://www.abc.net.au/news/2015-10-08/rents-fall-across-most-cities-in-september/6836234
For the quarter it was negative across all capitals.

Worrying in the markets largely responsible for capital growth in the last year (Syd/Mel) the gross yield/imputed rent is now not really better than a term deposit and given the amount of building going on (as a Syd resident it is colossal) and immigration at the lowest it has been for quite a while, I'm not particularly bullish for rental increases in the future.

Again, just my $0.02 of course.

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Im eager to see how severe this housing shortage problem really is.
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