Property investment opportunities are exceptional right now because many values are still priced at reactionary downturn levels, according to Australian Unity Investments head of property Martin Hession. He said unlike in the downturn of the late ’80s and early ’90s when property, particularly commercial, was oversupplied, the recent property downturn was due to the banking [...]
Property investors are dominating the mortgage market, new data from Australian Finance Group (AFG) has found. According to AFG’s latest mortgage index, 34.1 per cent of all mortgages arranged nationally in February were for property investors – the highest percentage ever recorded by the company. The amount of investor mortgages arranged was 25 per cent [...]
I have reproduced part of an article that I received today. It is important to note that we have an influx of migration into Victoria of around 1700 people per week. We are not producing new properties to cope with this demand and I was informed by a home building company that we were around [...]
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