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.
This surge in investor activity is attributed to tight rental conditions and renewed confidence following multiple RBA rate cuts.
Author's summary: Investor activity in Australia's property market hits 8-year high.