More Renters Mean Good News for Investors

Census figures are showing a steady increase in the number of people who are choosing to become tenants instead of property owners.

This is very good news for those looking to invest in property, because it means there is a ready pool of people looking for a home to rent.

Experts say renting is often a lifestyle decision, with many people wanting to live in a property that they could not normally afford to buy.

There is also a trend of ‘up-renting’ occurring, with tenants keeping an eye on the market, so that they can move to a nicer property in a better suburb when one becomes available.

Wakelin Property Advisory’s Monique Sasson Wakelin says a low rental-vacancy rate means there are more people out looking for property, and if people are choosing renting over buying, this increases pressure on the rental market, which is good news for investors.

More articles

Want to stay ahead of the rest?
Subscribe to our monthly newsletter: all the major property news, research, insights, strategies and investor stories in our monthly newsletter.
Download free e-book
6 ways to take your life to the next level - by Ironfish CEO, Joseph Chou
Contact us
Employment Enquiry
.docx,.rtf,.doc,.pdf fiel extensions are only allowed.
.docx,.rtf,.doc,.pdf fiel extensions are only allowed.