This generation now owns almost a third of all rental properties
New data shows Australians aged 60 and over now own 27.5% of the nation’s 2.3 million rental properties, an increase in dominance within the landlord demographic. In contrast, those under 30 account for just 4.3% of rental holdings. The rise in negative gearing has led to record tax losses of $16.1 billion among landlords.
Summary by OZbrief Editorial · SMH · Source
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Published 17 Jun 2026, 05:51 UTC · Updated 17 Jun 2026, 06:00 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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