Where landlords are amassing up to $56k extra rental income a year
Nila SweeneyReporter
Residential landlords in some inner-city and middle ring suburbs pocketed up to $56,000 extra rental income in the past 12 months as rents hit record highs across the major capital cities, data from SQM Research shows.
Louis Christopher, SQM Research managing director, said rents would likely keep rising strongly across the country this year as vacancies fall further.
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Nila Sweeney writes on property from our Sydney newsroom. Email Nila at nila.sweeney@afr.com.au
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