Research commissioned by Well Home Loans and carried out by Suburbtrends identified 10 areas where houses were priced at or below comparable units while delivering equal or better rental yields, making them candidates for rentvestors with budgets under $600,000. Chief executive Scott Spencer said many inner and middle ring unit markets offered weaker capital growth prospects, while PIPA research found 54 per cent of investors would consider the strategy.
Reported by
Dan Wilkie, Australian Property Investor, 7 October 2021
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