Gold Coast among targets investors chasing rental income should consider
Rental price growth is slowing, necessitating a shift in focus for property investors looking to maximise their returns.
The Gold Coast is charging towards a population of 1 million, with ramifications for the rental market. (Image source: Shutterstock.com)
Rental price increases are slowing but this is more a reflection of tenants’ capacity to continue to pay higher and higher rentals.
In the four years before the pandemic, rents nationally increased by only $25 per week.
Since the start of the pandemic, rents have risen on average $200 per week across Australia.
Perth topped the list
, with an increase of $280 per week, while Hobart was the lowest at $100 per week. Interestingly, the comparative…
