Australian real estate investors are becoming increasingly vulnerable to interest rate hikes or property market slumps as rental levels continue to lag gains in dwelling prices. 

Rental levels in Australia’s major urban centres logged only tepid growth last year, as properties for lease continue to throng the market and investment demand flourishes. The latest data from CoreLogic RPData’s quarterly Rental Review indicates that rental levels in the capital cities of Australia have just posted their poorest performance since the…