Sell with Confidence
Read More

What makes an Australian property investor?

By Brett Pilgrim

Who exactly is investing in rentals in Adelaide? According to a recent report by the Real Estate Institute of South Australia (REISA), quite a few investors do not even own their own home yet. The report was spurred on by recent figures revealed by the Australian Bureau of Statistics (ABS) that show first home buyers at an all time low in the Australian market.

Owner occupiers as a proportion of all home owners has historically been around the 70 per cent mark, according to the REISA. However, as of the 2011 Census, this figure was closer to two thirds of home owners. The mid-2014 measures by the ABS revealed that this figure has now dipped slightly lower than 60 per cent.

It seems that many younger home buyers are turning to buying investment properties before buying their own home, claiming that the lower price of rental properties can help them to get their foot on the first rung of the property ladder.

According to the 2014 Mortgage Choice First Time Investor Survey conducted earlier this year, 16.9 per cent of those polled were choosing to buy an investment before purchasing a home to live in.

The same survey revealed that the top motivator for investors was to set themselves up financially for the future, with a total of 78.90 per cent of respondents agreeing. Just under seven per cent of those surveyed said that they could not afford to buy their own home, and were therefore buying an investment, while a further 8.2 per cent said that they were buying an investment before a home because they did not feel ready for the commitment.

What is the hardest part of investing in property?

According to Mortgage Choice's survey, the hardest part of becoming a property investor was finding the right rental property. Of all those surveyed, 50.6 per cent who had purchased a new home in the last two years said that this was their greatest struggle.

If you're looking for real estate or property management in Adelaide, make sure to get some expert opinions on how to go about it.

Up to Date

Latest News

  • Look Luxe for less: Fuss free upgrades that won’t break the bank

    By Laura Barry in association with Whether you’re looking to update your home according to the season, or want the space to feel a little more polished, there are a few simple changes you can make to your interior to achieve a luxe look without a big outlay. Elevating your interior style … Read more

    Read Full Post

  • Say farewell to your empty wall

    By Samantha van Egmond in association with Discover budget friendly ways that fill your large walls with mirrors, art and textiles. A bare, white wall in your living area can be intimidating and make even the loveliest of homes feel cold, especially in winter. However, there are ways to inject personality into … Read more

    Read Full Post