Number of Landlords by Taxable Income (2021)

28 September 2023

New figures from the ATO busts the myth that property investment is the province of the rich in Australia.

The top 40 occupations of people who own rental properties include: childcare, disability and aged care workers, motor mechanics, truck drivers, receptionists, sales assistants and police officers.

Nor are most of Australia’s landlords rich. Of Australia’s 2.3m landlords, more than 75% of them earned $120,000 or less.

How will higher interest rates impact the large cohort of low and middle income landlords?

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