National rental yields have risen over the past quarter, creating a prime market for investors.
According to the latest RP Data-Rismark Hedonic Home Value Index, apartments across the country are now offering an average gross rental return of 5 per cent.
Rismark joint managing director Ben Skilbeck said investors could expect returns to continue to improve.
“Rental vacancy rates remain very tight, so we expect to see further improvements in rental returns,” he said.
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