Investor Intentions Investors look set to become active again in 2024 according to the latest Australian Property Investor Property Sentiment Report.
It says despite high inflation and rising interest rates, property market sentiment “held its ground” over the last quarter of 2023.
The report, which surveys property investors throughout Australia, shows four out of five respondents expect price increases over the coming 12 months, with very few expecting price falls.
Investors felt that increased taxes on land, properties and landlords were a large impediment to helping alleviate Australia’s housing crisis by encouraging investment in new property stock.
“Survey respondents reflecting on the last quarter of 2023 have given every indication they are going to be very active in the property market in 2024,” the report says.
“For almost two years, the proportion of respondents intending to buy in the next 12 months has been zigzagging up and down, but the latest results reveal that this key indicator of market sentiment is now at a two-year high.”
