Author
Nila Sweeney is a broadcast journalist, print and digital writer and editor with 10+ years’ experience creating hard-hitting content across multi-media platforms.
Previously the Managing Editor of Your Investment Property Magazine, Nila is now a property reporter at the Australian Financial Review.
Mortgage defaults may be up and new home sales down, but the Australian property market is unlikely to crash and burn.
A decline in housing affordability and increased difficulties saving a deposit has shifted the average age of first home buyers upwards.
The combination of ongoing seller discounting, healthy rental income growth and longer term capital gains means that investors could benefit from the current market conditions.