Investors are flooding back into Australia's property market, driven by low interest rates and 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 about one in seven Australians now owning a rental property.
Investor activity has been strong, fuelled by tight rental conditions and renewed confidence following the multiple RBA rate cuts.
Author's summary: Investor activity in Australia's property market has reached an 8-year high.