News
Yields sink to record low
Wednesday 17th of August 2016
Economic forecaster Infometrics’s latest rental market update shows that rental inflation nationwide edged up from 4.0% to 4.6% per annum during the June quarter.
However, the update goes on to note that this rate of growth is much less than national house price inflation per annum (at 14%).
For this reason, average rental yields have fallen to a new record low of 3.68%.
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