Investors are flocking back to Australia's property market, driven by low interest rates and a tight rental supply, resulting in fierce competition and significant profits for sellers.
According to the REA Group's PropTrack Terri Scheer Investor Report, investor activity has surged over the past 18 months, reaching its highest share of new lending since 2017, with approximately one in seven Australians now owning a rental property.
Low interest rates and tight rental conditions have fuelled renewed confidence following multiple RBA rate cuts.
Author's summary: Investor activity in Australia's property market reaches an 8-year high.