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Key data shows property investors are increasing in numbers as market conditions attract a new wave of investors.

 

News Details
Date: May 24 2013

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Key data shows property investors are increasing in numbers as market conditions attract a new wave of investors.

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Solid rises in rental income combined with falling interest rates are bringing investors into the property market with confidence.

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The proportion of Australians in rental accommodation has increased, according to the most recent census data released by the Australian Bureau of Statistics (ABS).

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The value of the average Australian mortgage has jumped by 105% over the past 10 years according to research compiled by Canstar, based on data from the Australian Bureau of Statistics (ABS).

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Throughout much of Australia, rising real estate prices are driving families and young investors into thinking that owning their dream property is out of reach. As a result, many first-time home buyers and investors are choosing to downsize their dream property or to not invest at all.