Property investors positively gearing
Residential property investors are benefiting from low interest rates and high rents and are being able to positively gear their investments from day one. However investors are often competing with the first home buyers at the bottom end of the property market.
New data released on Friday by property analysts RP Data show that falling house prices and rising rents mean many renters would be better off buying. The median rent for a house in Melbourne went up $50 to $350 in the last year, while the median rent on an apartment went up $40 to $320.
Source: Herald Sun