Melbournians are big fans of investing in property due to the regular, tax-friendly rent returns and long term capital growth.
New data from Roy Morgan Research shows that investment property loans in Australia grew by 37 per cent over the last four years, while the number of loans for owner-occupied homes grew by only 4 percent. A quarter of loans today are granted to investors, not homeowners. This growth comes with a proportional shift in loans away from people under 35 and toward investors in their 50s.
Mortgage Choice has published an ebook to help you gain a broader understanding of the opportunity - “Everything you need to know about successful property investing”.
Contact Chris Stampoultzis on 03 9858 4755 or email firstname.lastname@example.org if you’d like a copy of this ebook or one of the other titles:
- Everything you need to know to buy your first home.
- Everything you need to know about funding a new build or renovation.
- Everything you need to know about refinancing your home loan.