Why this year is a better property investment year than last
Much has been written about the increase in weekly rents that have been recorded over the past year. Investors can be left thinking if 2022 is a better property investment year than 2021? According to CoreLogic, in the year to July, Australian median rent values increased 7.5 per cent, which is the strongest annual appreciation in rents since December 2008. However, some of this rental growth was clawing back price reductions that took place during the first year of the pandemic. Indeed, prior to the pandemic, rental growth had generally been benign, or even falling, for the best part of …
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