45% of rental transactions in Northern Ireland took place in Belfast in the second half of last year. It retains its crown as the landlord capital of the province, but the latest rental performance report has some really interesting stuff in it.
South Belfast now tops the charts for the highest average rent, overtaking the city centre.
Is supply outstripping demand in the city centre? Or has all the new student accommodation (flashy as it is) pushed average rental rates down? Perhaps those green shoots of development we noticed in last month's Area Profile are simply beginning to bear fruit in BT9.
This guide is particularly useful when used in conjunction with our Rental Yield Calculator Tool.
Source: University of Ulster Performance of the Private Rental Market in Northern Ireland summary research report