Some useful information about property investors in Australia

Here is some information about property investors and property investment in Australia.

There are about 1.6 million taxpayers claiming negative gearing deductions.

About 90 per cent of investors purchase existing properties.

More than 400,000 investors own more than one investment property.

One in four property investors holds their rental property for only 12 months, just long enough to get the  capital gains tax break.

Negative gearing in property investment costs tax payers about $4.5 billion a year.

Leave a Reply