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Fewer rental flats are standing empty than during the 2020 low point but landlords shouldn’t bet on getting inflation-linked rental increases this year.

Buy-to-let investors will be disappointed if they were hoping to achieve the 4%-6% annual rental increases typically seen pre-pandemic when leases come up for renewal this year. A more likely scenario is that many residential tenants will rather move to a new property than pay more rent. That’s because there’s still an oversupply of rental flats, townhouses and clusters to choose from in most cities and towns across SA.   ..

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