Investors coming back into Australian property market

According to the Australian Bureau of Statistics, investors are flooding back into the property market. Share market volatility has caused investors to look elsewhere to invest their money. Low vacancy rates and the reduced demand from first home buyers are other reasons why investors are coming back into the Australian property market.

According to data from the Australian Bureau of Statistics, investors accounted for $7.99 billion worth of all home loans issued in April 2010 – an increase of 1.5% on the previous month.

Jittery investors are shying away from the volatility of the share market, which has experienced plunging returns in April and May and are looking for a less volatile asset class to invest their money in. Furthermore, a quality, well-located investment property can deliver long term returns.

If you are thinking of investing in Australian property, speak to one of the property and finance specialists at Intellichoice today on 1300 55 10 45 or email info@intellichoice.com.au.