The Australian Tax Office released the following updated data in May 2013
Latest records show that there are 1,764,924 property investors in Australia, or 12.1% of all tax lodgements include an investment property.
2010-11 | Number of Investment Properties owned | 2009-10 | ||
1,284,852 | 72.8% | ONE | 1,239,959 | 72.8% |
318,295 | 18.0% | TWO | 307,514 | 18.1% |
96,991 | 5.5% | THREE | 92,834 | 5.5% |
34,967 | 2.0% | FOUR | 33,501 | 2.0% |
14,555 | 0.8% | FIVE | 14,141 | 0.8% |
15,264 | 0.9% | SIX or more | 14,844 | 0.9% |
1,764,924 | 1,702,793 |
For the 2010–11 income year
33% of individual property investors are cash positive while 67.0% reported a taxable loss (net rental income less than zero) from their rental property.
Source:
www.ato.gov.au/…/Downloads/cor00345977_2011TAXSTATS.pdf
31.1 - 871,416
↓ Scroll down for Comments ↓