CoreLogic has released research showing that returns from residential housing continue to fall, led by Sydney, where returns have gone negative:
According to the CoreLogic Total Returns Index, over recent year’s value growth has been much stronger than rental returns and shows that the majority of the returns have been achieved via capital gains rather than rental income.
Research analyst Cameron Kusher said, “With dwelling values now falling and gross rental yields close to historic lows, the total returns from residential housing are not looking so attractive and a greater share of returns are coming from the yield component.”
