Young Australians choosing property investment over first home
The number of first-time property buyers purchasing an investment property instead of a home is increasing, according to two new sets of data. Both NAB's Residential Property survey and ING Direct's Financial Wellbeing Index show an increase in the number of young, first-time property buyers purchasing a property investment instead of a home. The NAB Residential Property survey for the third quarter found first-home investors made up 12.2 per cent of all new property sales in
Two thirds of Aussies want to buy investment properties in capital cities
Two thirds of Aussies (69%) who want to buy investment properties want to acquire one in a capital city.
