I am surprised to see just how many people are prepared to pay to rent property proper. Single bedroom units as Brisbane CBD are renting for more than $500 one week in certain cases. Indeed, demand is outstripping supply right on the city, vacancy rates are falling, and rents are rising. Competition for rental accommodation is fierce. The numbers of now amount of suburbs in Brisbane where the cost of the typical mortgage is less in comparison cost to rent! In this particular environment, it not be surprising to the return of investors into the market. Once this happens, as momentum builds, property prices will feel an upward coerce. This will be tough for tenants, but a total boon for property investors looking to build wealth through residential property investment.

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