The suburbs where negative gearing is going through the roof lolita, 06/07/2025 Tim Lawless, executive research director of Asia-Pacific of CoreLogic, says the figures come as a shock to many people, particularly when investors are highly leveraged. If they’re closer to debt-free, they wouldn’t be so badly impacted. Mortgage costs have risen faster than rents.Credits: Rhett Wyman “But if you have a $500,000 mortgage on a variable rate, then your repayments will have gone up by just over $1000 a month since April 2022 before the first of the rate rises,” he said. “If you’re in a really expensive market, with a 20 per cent deposit, you might be paying $1,500 a week more, although if you’re buying there you might have more equity so, theoretically, you won’t be as highly leveraged. But if you are buying in those markets, repayments are extraordinarily high. “Then again, property values have gone up substantially too, an average of $218,000 more, or 24 per cent, since the start of the pandemic.” Loading Even in some more affordable areas of Sydney, investors are out of pocket. In Canterbury-Bankstown, for example, rents have gone up by $177, while repayments rose $581. In Parramatta, rents have gone up $150, and payments have gone up by $394. “Rents, … Continue Reading