Powered by MOMENTUM MEDIA
research
1 minute read

Almost half of investors plan to buy interstate in 2020

Almost half of investors plan to buy interstate in 2020

by Emma Ryan | December 13, 2019 | 1 minute read

More Australian investors have got their eyes on interstate property markets, with new research finding 45 per cent are exploring options outside of their local area.

Investors plan to buy interstate
December 13, 2019

According to the 2019 PIPA Investor Sentiment Survey, 45 per cent of investors are looking to buy outside of the state that they live in over the next 12 months.

Furthermore, the survey found that 63 per cent of investors are considering rentvesting, whereby they rent in one location and invest in another.

Commenting on the findings, PIPA chairman Peter Koulizos said, “Borderless investing as a bona fide property investment strategy had blossomed over recent years.”

“More and more investors are recognising that there are myriad investment opportunities around the country rather than being blindsided by what’s happening in their own backyards,” he said.

Advertisement
Advertisement

“Australia has eight capital cities and dozens of major regional areas, which have property markets at different stages of the market cycle at the same time.”

For example, Mr Koulizos said, “A case in point was growth that had occurred in locations such as Hobart, Adelaide, Canberra as well as parts of regional Victoria, Queensland, Tasmania and New South Wales over recent years, while property prices were reducing in Sydney and Melbourne”.

“Savvy investors always consider the locations that offer the best market fundamentals as well as prospects for capital growth over the medium to long-term,” Mr Koulizos noted.

“They chose not to follow the masses, but to invest in locations before prices start to rise, such as in Sydney in 2012 and in Melbourne not long after.”

About the author

Emma Ryan

Emma Ryan

Emma Ryan is the deputy head of editorial at Momentum Media and editor of Smart Property Investment.

Emma has worked for Momentum Media since 2015, and has since been responsible for breaking some of the biggest stories in corporate Australia, including across the legal, mortgages, real estate and wealth industries. In addition, Emma has launched several additional sub-brands and events, driven by a passion to deliver quality and timely content to audiences through multiple platforms.

Email Emma on: [email protected]com.au

Almost half of investors plan to buy interstate in 2020
Investors plan to buy interstate
spi logo

Subscribe to get the latest news and updates - join a community of over 80,000 property investors.

Check this box to receive podcast updates

From the web

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.