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Gerv Tacadena is a journalist writing for Your Mortgage and Your Investment Property, which are part of the Savings Media Group. With a keen interest in the mortgage industry and housing market, he aims to help inform and educate Australians on the latest property news and updates.
Eliza Owen, head of residential research at CoreLogic, said investor participation over the decade averaged 41.9% across the state, achieving a peak in 2014 when investors comprised 55.6% of mortgage demand.
Auction markets across capital cities continued to strengthen over the weekend, as Melbourne clocked its busiest week since July, according to new data from CoreLogic.
The demand in the four most popular hotspots in the territory is driven by price points, with three sitting in Darwin and one in Alice Springs, according to HTW.