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Only 40,000 of the estimated 11 million residential dwellings in Australia are owned by foreign investors.

Investor lending has hit a new peak, with more than 205,000 new investor loans issued in the past 12 months.

National vacancy rates have eased slightly but still remain very tight.

Australia’s median rent has hit a new high, increasing by 1.6% in the December quarter to reach $650 per week.