"Early evidence post-budget suggests that investors are enquiring more towards units that tend to have a higher yield and a lower entry point … compared to prior, when investors would be looking at houses that have stronger prospects of capital growth," Redman told SBS News.Two places, Tasmania and the ACT, didn't see drops in investor interest — which Kusher said could be a sign they're moving toward properties with good rental returns relative to purchase price."I think the fall in new investment will potentially have a flow-on effect to the rental market where rental supply will tighten and landlords will have more scope to put up rents," Kusher said, though he noted there wasn't evidence of that happening "just yet".Both experts hesitate to call this a permanent retreat for investors."It is likely that this won't be the case forever," Redman said The policy case for the tax changes rested on the idea that pushing investors out would clear space for first-home buyers.But the numbers haven't quite shown that yet, Kusher says, adding that two things may be happening