Cooling Housing Market Contrasts with Strong Rents, Boosting Investor Appeal
CoreLogic reported a 1.1% national dwelling value fall in September, while REA Group's PropTrack index showed a milder 0.2% decline. Despite price falls, national rents are up 5.5% annually, with gross rental yields at 3.85%.
In Melbourne's western growth corridor, this dual trend means sellers might adjust expectations, but investors could find opportunities in the rental market. Strong rental demand could offset some capital value declines for landlords.
Summarised by Ravs Realtors from reporting by Australianpropertyupdate.



