Property presenting as most stable asset as investor exodus ends
Property investors have been leaving the market in droves but a turnaround is taking place as investor loans rise and investment prospects emerge.
$11 trillion of Australian’s wealth is in property, well ahead of the next biggest sector, the $3.9 trillion in superannuation. (Image source: Shutterstock.com)
Investor loans are up a strong 18.8 per cent nationally over the past 12 months, while at the same time 15 per cent of long term existing landlords are selling their investment properties.
With a softening of home buyers in the market place, it has opened a window of opportunity for new investors to enter the market without competing, as we have seen over the past four years, with home buyers who were prepared to pay whatever was being asked by …
