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Australia offers buy to let opportunities - 17 June 2011

Despite the Australian property market recently having some of the sparkle taken off, there are still plenty of investment opportunities for potential buyers.

In particular, the buy-to-let sector still boasts a wealth of prospects for investors, A Place in the Sun reports.

The average price of a home in Australia fell by 0.4 per cent in the first quarter of this year and 2.1 per cent year-on-year, according to statistics released by RP Data-Rismark. The company added that average rental rates have appreciated by 4.6 per cent.

Highest yields can be achieved in Darwin, followed by apartments in Hobart and Canberra, Brisbane, and Sydney.

Source: PropertyShowrooms.com

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