Investors enjoying national rental yield at 4 year high: CoreLogic

CoreLogic’s national hedonic rental index held put in May and was up 0.4% over the past twelve months, according to their latest Home Value Index results.

According to the May Index, Darwin and Sydney’s rental markets remain the largest drag on national rental growth, with rental rates falling 5.2% and 2.9% respectively over the past twelve months.

Hobart rents are rising the fastest amongst all the capital cities, up 4.9% over the past twelve months.

The result of strong demand coupled with low rental supply.

Although CoreLogic’s head of research Tim Lawless described rental markets as “generally sluggish,” gross rental yields are continuing to recover from their recent record lows.

Nationally, the gross rental yield is recorded at 4.13%, the highest gross yield since May 2015, but still 14 basis points below the decade average of 4.27%.

The May Index noted, “each of the capital cities and broad regional rental markets, apart from Regional Tasmania and Regional Northern Territory, have recorded either a steady or higher gross yield profile relative to the same time a year ago; a reflection of the change in rental rates being greater than the change in dwelling values.”

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Removing the Hassle from Sales and Rentals across South East Queensland. Aim to Empower other like minded Property Investors. LJ Gilland Real Estate Pty Ltd LREA推荐书LJ Gilland房地产 L J Gilland Real Estate is a prestigious boutique agency specializing in Property Investment Management Services and the Sales of Investment Properties with tenants in place. Comprised of a top performing group of handpicked specialists, our Agents proudly serve Property Investors in Queensland. Since 1996 our Agency has demonstrated a genuine enjoyment of working with people, developing long-term relationships and delivering on the promise of great service. Carlos and Linda Debello offer property investor's the confidence to sell and lease in any market. We provide comprehensive market appraisals, exclusive multimedia marketing campaigns, and knowledgeable, highly personalized counsel on all aspects of real estate. Our Property Management Team is equally considerate, offering investors with in-depth advise, well-researched rental valuations, and highly professional rental management services. Carlos’ direct mobiles are 0400 833 800 & 0413560808. Linda’s mobiles are 0409995578 & 0414978700 (prefer email contact for Linda). Office 07 3263 6085.
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