The number of Australians with rental property investments rises to 2.05 million

The number of Australians with rental property investments rises to 2.05 million
The number of Australians with rental property investments rises to 2.05 million

There are now a record 2.05 million taxpayer individuals with an ownership interest in a rental property in Australia.

There has been a jump of 348,000 extra investors over six years, increasing at around 58,000 each tax year.

The latest release of ATO data for 2014-15 tax year show the number of individuals with the one Investment Property stands at a record 1.468 million.

Less than one percent of investors, or 19,198 own six or more property, despite the recent proliferation of articles about their feat everywhere but on Property Observer. 

Property interests

2012–13      

2013–14         

2014–15

1

1,434,211

1,445,011

1,468,949

2

363,705

371,038

383,505

3

110,379

113,897

118,412

4

40,283

41,360

43,239

5

16,600

16,982

18,231

6 or more

17,671

18,231

19,198

Total

1,982,849

2,006,519

2,051,534

Source ATO 

An interest in a property means the property is solely owned, jointly owned or part-year owned.

Looking further back the taxation statistics for the 2009/10 financial year showed that there were 1.7 million individuals who owned a rental property.


Individual's interest in rental property

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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