Investors may breathe a sigh of relief today, as mining towns in Queensland have been hailed for having particularly strong rental yields, according to new statistics.
Mornington Peninsula 'Exception' to Tight Vacancy Rates
The organisation revealed that inner-city Melbourne had the biggest drop in rental vacancy rates over the March quarter, slipping from 3.8 per cent to 2.9 per cent.
The closer rental real estate in Melbourne is to a university, the more likely it will attract tenants under the age of 30, according to the Real Estate Institute of Victoria (REIV).
QLD Real Estate: The Case for Flood-Friendly Housing
Queensland real estate owners should be rewarded by their insurers if they make home improvements that help to minimise their risk of flood damage, according to one expert.
The rental real estate market in Sydney continues to tighten - especially in the harbour city's inner suburbs, according to new data released by the Real Estate Institute of New South Wales (REINSW).
New Real Estate Listings Increase Across the Country
The number of new real estate listings across Australia has increased by 16 per cent, according to seasonally-adjusted figures published by RP Data for the week ending April 14.