Investor Trends Uncovered: Who's Driving the Market
Australia's property market continues to attract investors, with a shift in buyers emerging. Mid-career and older landlords are shaping investment patterns, revealing who's buying and where.
Investor activity has risen over the last 18 months, reaching its highest share of new lending in 8 years. According to the REA Group's PropTrack-Terri Scheer Investor Report, property investing has become more common over the last 40 years.
- In the 1978-79 financial year, 4.1% of the population reported receiving rental income.
- In the 2022-23 financial year, this number more than tripled to 14.1%.
Today, one in seven Australians is a landlord, highlighting the growing trend of property investment.
No direct quotes available in the text.
Author's summary: Australian property market attracts investors with shifting buyer trends.
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