Property investors are enjoying strong rental returns from their investment properties, judging by the latest data from CoreLogic.
Across Australia, the median rental rate increased by a large 10.2% in the year to November.
The city-by-city breakdown was:
* Brisbane = 13.6% annual increase
* Adelaide = 12.8%
* Sydney = 11.1%
* Perth = 10.4%
* Melbourne = 9.4%
* Hobart = 6.1%
* Darwin = 5.6%
* Canberra = 5.3%
Many parts of Australia have a shortage of rental properties right now, which is why property investors are enjoying strong rental growth.