First home buyer property hotspots, and the forces driving young investors revealed
The composition of young property buyers has completely transformed along with the suburbs and property types they are targeting, with implications for all prospective property investors.
Property investors looking to capitalise on the preferences of first home buyers should be considering well-sized units. (Image source: Shutterstock.com)
First home buyer numbers are up 12.4 per cent nationwide and that’s a great market indicator, as a lift in first time buyers often comes at the start of solid rises in home values.
So, where are first home buyer numbers rising and why?
The first thing to understand about first home buyers is that Australia has a lot of people who want to join the property club.
As property ownership rates have fallen over the last two decades, the size of the …
