Investor lending surges to record highs as cheaper finance fuels demand
Investor loans jumped to near-record levels in the September quarter as cheaper borrowing costs, limited housing supply and rising rents reignite property market activity nationwide.
The average owner-occupier loan size has increased to almost $700,000. (Image source: Family Stock/Shutterstock.com)
Australia’s housing finance market is surging again, with new figures showing investor lending has climbed to record highs amid cheaper borrowing costs and a renewed appetite for housing.
The latest Australian Bureau of Statistics (ABS) Lending Indicators data shows the number of new investment loans rose 13.6 per cent in the September quarter to 57,624 – the highest level since March 2022. The total value of these loans reached $39.8 billion, u…
