More than 70% of the 1,000 respondents in the latest Property Investor Sentiment Survey believe that now is a good time to invest in property, despite talks of a housing bubble and impending property crash.
Commissioned by the Property Investment Professionals of Australia (PIPA), the annual survey further revealed that more than half are actually looking to buy property within the next 6-12 months.
According to PIPA chair Ben Kingsley, investors are focusing on the long-term benefits of property investment.
“Most property investors are looking past short term challenges, remaining focused on the long-term wealth benefits that are available from residential real estate, including the potential for capital growth and rental income,” said Kingsley.
Brisbane remains to be the preferred destination of 50% of the investors – far ahead of Melbourne’s 20%, Sydney’s 11%, Adelaide
’s 9%, and Perth
“The two key reasons that Brisbane still attracts investors, in spite of concerns around oversupply, are affordability and the potential for attractive yields,” said Kingsley.
“Brisbane is investing in infrastructure to make the city more liveable and investors are clued on to this.”
However, 87% of investors said that more education about the pros and cons of property investment is needed. 89% even believe that the property investment industry should be regulated and licensed just like other professions.
“PIPA is committed to raising the professional standards of this industry and will continue to lobby the government to regulate property investment advice and educate investors to help them make informed investment decisions,” said Kingsley.
Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker
Top Suburbs :
Get help financing your investment
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.
We value your privacy and treat all your information seriously - you can check out