It’s Official: Rental Yields On The Rise | Impression Real Estate
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It’s Official: Rental Yields On The Rise

Posted by Impression on 07, Aug 2018

We’ve been pointing to improved rental yields since around February, and the data is now available to demonstrate what we’re seeing in the market. Capital gains have dried up, yet rents are rising and prices remain steady, according to the latest research by Interest.co.nz.

The data is for the six months to March and shows yields “bottomed out”, so we’d expect to see even better yields in the six months to September.

 

Cashflow positive apartments in Auckland are gradually becoming easier to find, with strong demand from tenants buoying rents while sales prices continue to flatline. If you’ve been considering investing in property in 2018, it’s a great time to buy.

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