Last year may have been the weakest since 2002 for national rent growth, but 2010 looks much brighter for investors.
In its December Rental Report, Australian Property Monitors forecasts rental increases of up to 11% in Perth, 8% in Brisbane, 5-7% in Melbourne and more than 4.4% in Sydney. This could take median house rents in Perth, Brisbane and Melbourne up to around $400 per week while Sydney’s median could hit $500.
To Read the full report by APM Please click here.
This article is courtesy of RFS Finance.
Brought to you by Tony Nash – RE/MAX Property Associates Sunshine Coast
Phone Tony and his team today on 07 5452 4545
www.rentaladvice.com.au
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