Property investors flood back into market, targeting sub-$700,000 homes
Investor activity has surged to multi-year highs, with buyers focusing on affordable properties amid tight rental markets, strong yields and persistent housing shortages.
Even with the highest rental yields in the country, property investors from Darwin (pictured) are the most likely to look interstate. (Image source: Wirestock Creators/Shutterstock.com)
Australian property investors are out in force and they’re looking for bargains.
Newly released data shows that the number of new investor loans has grown 64 per cent since its early 2023 low-point.
The huge uplift comes amidst tight rental market conditions and rapid rent price growth over recent years, as well as the lure of near-certain capital growth in many cities.
The PropTrack Westpac Investor Report released Thursday (25 March) highlig…
