Real Estate & Home

Australia's negative gearing hotspots revealed by ATO data

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Australian Taxation Office data reveals specific suburbs are experiencing significant net rental losses due to negative gearing, with Williams Landing, Victoria, topping the list at over $10,000 annually. This highlights the impact of rising interest rates and changing investment strategies on landlords, potentially contributing to increased rental costs for tenants and reduced housing supply. Experts suggest investors are shifting tactics, and it's worth watching how these changes affect both property values and the rental market.

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