Australia's Rental Pool Shrinks Amidst Investor Exodus
Analysis by FoundIt revealed that Australia's rental pool shrank significantly after the May Federal Budget, with approximately 570 rental properties lost weekly. This is primarily due to a sharp decline in new investor purchases, not a surge in existing landlords selling.
In Melbourne's western growth corridor, a shrinking rental supply will likely exacerbate competition among tenants, pushing rents higher. This situation could present opportunities for new investors willing to enter the market, focusing on properties that meet strong rental demand.
Summarised by Ravs Realtors from reporting by realestate.com.au.



