Rental yields start to improve

BIS Shrapnel said that rents on residential properties were increasing in Brisbane, with a rental yield of six per cent, and said there were signs of an upswing in Sydney.
Melbourne may also expect a recovery in rental yields over the next year or two, with a decline in the level of building approvals. BIS said it would take a couple of years for pent-up demand to result in higher rents.

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