GET SMART FINANCIAL
  • Home
  • Get to Know us
    • The Get Smart Team
  • Get Results
  • FAQs
  • Calculators
  • Blog
  • Get in Contact

Property investor activity 67.8% year-on-year

6/4/2022

0 Comments

 
Picture
The official data confirms what you might’ve heard anecdotally – property investors are very active right now.
 
Property investors took out $33.7 billion of home loans in January, according to the Australian Bureau of Statistics, marking the second consecutive month in which investors set a borrowing record.
Picture
To illustrate how investment activity has surged in recent times, investors borrowed 67.8% more in January than the year before.
 
This increase has occurred throughout the country, with investment activity increasing by:
  • Queensland = up 94% over the year to January
  • South Australia = 81%
  • Victoria = 67%
  • New South Wales = 64%
  • Western Australia = 56%
  • ACT = 42%
  • Northern Territory = 33%
  • Tasmania = 32%
Australia’s vacancy rate (the share of untenanted rental properties) is at an incredibly low 1.1%, according to the latest data from Domain.
 
That means most property investors are finding it easy to secure quality tenants. It also gives many investors the chance to raise rents, because demand for rental accommodation is so high right now.
let's chat!
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    mortgage broker donvale
    View my profile on LinkedIn

    Author

    Rachael Bland – Founder & CEO

    Archives

    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    May 2022
    April 2022
    March 2022
    February 2022
    July 2021
    June 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    April 2019
    March 2019
    November 2018
    August 2018
    February 2018
    November 2017
    July 2017
    May 2017
    March 2017
    June 2016
    May 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    May 2015
    March 2015
    February 2015
    January 2015
    December 2014
    October 2014
    May 2014

    Categories

    All
    Adding Value
    Capitalisation
    FAQ
    Finance
    Get Smart News
    Home Loans
    Industry Awards
    Interest Rates
    Investment
    Refinancing
    Renovations
    Value

    RSS Feed

Privacy | Credit Guide | FAQs | Calculators
T:
0421 73 88 30 | E:
rachael@getsmartfinancial.net.au
Credit Representative Number: 427013 | Australian Credit Licence Number: 391237 | MFAA Accredited Credit Advisor 150638 | Copyright © 2019 Get Smart Results Pty Ltd
mortgage broker donvale
Website by Mint Creative Circle
Photo used under Creative Commons from Philippe Put
  • Home
  • Get to Know us
    • The Get Smart Team
  • Get Results
  • FAQs
  • Calculators
  • Blog
  • Get in Contact