Rents for Residential Properties will continue to boom and increase even faster over the next 2 years, particularly next year.
Sydney is where rents will rise the fastest at 7.1% annual growth from 2010 to 2012, followed by Melbourne 5.6%, Brisbane 5.0%, Adelaide 3.4%, Perth 3.2% and average Australia wide 5.8% (according to BIS Shrapnel).
This is largely due to the continuing increased demand from high immigration and the economic recovery combined with a Construction Industry unable to keep up with demand.
For Property Investors this is very good news, boosting yields and leading to further price increases.
With Interest Rates still low, albeit slowly rising, investing in Residential Real Estate in Australia is a very good option and everyone’s portfolio should have a large weighting towards Property.
I’m personally increasing my Real Estate holdings in the current market as I’m confident the market will perform well.
To learn more re Property Investing simply attend a free 2 day seminar on Property and Finance at or to watch some online videos now visit www.21stcenturypropertydirect.com.au or Phone 1800 999270


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