Once you give an investor a rental return amount quite early on in the development and purchase phase, they are expecting that return upon completion and settlement and this poses an issue.
A trend we are starting to see is tenants moving out of our properties, some even breaking their lease early, to buy a house because they can actually save money.
Brisbane's median house price has just hit the $600,000 mark, well below Sydney’s median of $800,000 – and you can still pick up a house there for under $400,000.