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In this video Dr Andrew Wilson and Kevin Turner discuss the weekend’s auction results.
Many investors currently feel “stuck” despite having a reasonable amount of equity in their properties. Tough lending conditions mean they can’t extract it to continue building their portfolio. If this feeling is familiar to you don’t despair – solutions are available.
The study showed that 10.1% of investor owned properties sold at a loss compared to 9.8% for owner occupied properties. This trend was evident in Sydney, Regional New South Wales and Hobart, which were the only major regions of the country that recorded a higher proportion of investors resold their property at a loss than owner-occupiers.
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