Australian property investors remain bullish about the long-term benefits of residential real estate, shrugging off concerns about stricter lending conditions, property price bubbles and oversupply, according to the third annual Property Investment Professionals of Australia (PIPA) Property Investor Sentiment Survey.
The national survey, which gathered insights from 742 property investors, shows that more than 70 percent of respondents think now is a good time to invest in property, with 61 percent looking to purchase a property in the next six to 12 months, which is up from 58 percent last year.
However, concerns over changes to investor lending policies are looming, with 43 percent of respondents reporting an adverse impact in their ability to secure finance, compared to 32 percent in 2016.
Rising rates on interest only loans were also a key concern, though the majority of investors (55 percent), with interest only loans said they would not struggle
