Data from the Australian Bureau of Statistics and the Real Estate Institute of Australia shows that uneven performances across the country are slowing the overall pace of property price growth.
“There are lots of young people who are complaining that it is too hard to buy in Sydney, however they won’t forgo their material possessions,” says Gunning Real Estate Principal Malcolm Gunning.
The feasibility of syndicate investment is being realised due to the trend of bank’s loosening lending requirements on retail, industrial and commercial property.
There is currently exceptional value for business property which is drawing interest away from residential investors and into the commercial and industrial real estate market.