ARE YOU ONE OF THE TYPICAL AVERAGE INVESTORS IN AUSTRALIA?
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
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.
If you’re interested in starting your property investment journey, reach out to Team SONI today for a friendly chat.