Property investors are in the market. In late 2020, the property market was heavily driven by the demand of first home buyers and later owner occupiers. Many taking advantage of the one-off government grants such as the HomeBuilder package. According to the Australian Bureau of Statistics (ABS) the property market has seen a spike in investors.
For five consecutive months to June 2021 first home buyer loans have fallen in comparison to the overall market. Meanwhile investors have increased for three consecutive months to June 2021.
Whether you’re a first home buyer or an investor, the market remains in higher demand. Demand is outstripping supply at the moment and the current trends don’t seem to be changing anytime soon.
Even though demand is outstripping supply, there still are many great opportunities available, however this is the time where you should be seeking property advice. At Crest Property Investments we specialise in sourcing brand new and off the plan properties for buyers. We also do not charge fees to buyers! If you’d like to learn more, please feel free to contact us. We welcome the opportunity to help you make the best property decision.
While we have taken care to ensure the information above is true and correct at the time of publication, changes in circumstances and legislation after the displayed date may impact the accuracy of this article. If you want to learn more please contact us. We welcome the opportunity to assist you.
September 2021
