Investors Dominate New Lending in Australia's Property Market
According to recent data, property investors now hold the largest share of new lending in Australia since 2017, indicating a surge in the country's property investment market.
The report highlights the growing presence of investors in the market, with their share of new lending reaching a milestone not seen in several years.
No specific details on the market share or growth rate were provided in the report.
It is essential to note that the data considered only a portion of the market and some products may not be available in all states.
Savings.com.au, the source of the report, is part of the InfoChoice Group, which is associated with the Firstmac Group.
Author's summary: Investors dominate Australia's property market.
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