Thursday, March 27 2014
A question many have been asking is where are the first home buyers? With the Brisbane market in the early stages of recovery and interest low (normally favourable conditions) first home buyers still seem to be absent. Particularly when we look at the break up of housing finance below. .
But the figures may be a little bit misrepresented. First home buyers are entering the market not as owner-occupiers but as investors. More recent figures on lending growth show that the growth area in lending is in the investor market.
And it makes complete sense.
We have had many clients utilise this approach as an effective way to building a property portfolio.
Contact us to discuss how you could get into the property market through investment