The Australian property market is constantly changing and so are property investors. Let’s look into some interesting insights:
🏠15.7% of Australian taxpayers have an investment property.
📊On average, property investors own 1.28 properties.
👥The 50 to 64 age group is the most likely to own an investment property.
PROPERTY INVESTORS IN AUSTRALIA
According to statistics from RBA:
Over half of Australian property investors are under the age of 50. Interestingly, the share of property investors aged 60 years and over has almost doubled in the last decade.
70% of investors still own only a single property, while 20% own two, and just 10% own three or more.
Professionals like lawyers and doctors account for the largest share of property investors, 22% of all investors.
The number of female property investors has increased by 20% in the last decade, with 47% of all property investors now being female.
The face of property investment is evolving, reflecting a diverse range of individuals from various age groups and professions.
TEAM SONI CAN HELP
At SONI Wealth, our team of experts lead by example when it comes to property investments. We have designed and executed an effective step-by-step system with our clients to guide and empower them to make investment decisions with confidence.
If you would like to use equity from your existing properties to get ahead with Property Investments and make the most of what you have, book your No-Obligation Wealth Consultation today.