The vast majority of these investors only have one investment property and are ‘mum and dad’ investors who rely on the rental income the property generates.
They help contribute to tax revenue, job creation, rental accommodation supply, self-funded retirement and economic growth.
But as their rights reduce and their compliance costs increase, these property investors are increasingly looking elsewhere for more attractive investment options.
REINSW will continue to lobby for a fairer go for landlords and property investors.