Expert insightsFinanceStill a nation of negative gearers: ATO puts investor numbers slightly up at 1.76 million
Still a nation of negative gearers: ATO puts investor numbers slightly up at 1.76 million
Jonathan ChancellorApril 29, 2013
Some 1.76 million tax payer individuals had an interest in a rental property in the 2010–11 income year.
It represented a slight gain on the 2009-2010 tax year when it was at 1.7 million individuals.
Most have just the one investment property.
Property interests | 2009–101 | 2010–111 | |
No. | No. | ||
1 | 1,239,959 | 1,284,852 | |
2 | 307,514 | 318,295 | |
3 | 92,834 | 96,991 | |
4 | 33,501 | 34,967 | |
5 | 14,141 | 14,555 | |
6 or more | 14,844 | 15,264 | |
Total | 1,702,793 | 1,764,924 | |
Source. ATO
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.
