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.
