The Property Scene in 2015

So far, experts are expecting 2015 to be a good year. The upcoming months in property investment are expected to match the steady highs of 2014 as foreign investment is still on the incline. The Australian dollar continues to be low — and costs for businesses are on the increase. Yet the low dollar, combined with low interest rates, are reinforcing Australia as an attractive investment option for foreign buyers.

Investors are also taking out more home loans than owner-occupiers. While owner-occupiers still take on more loans, recent data from APRA suggests that loans taken out by investors has risen by 11.5% in the past year. (This is in contrast with 5% growth for owner-occupiers).

While the Australian economy faces some stern tests in 2015, the commercial property market is looking up.

Vendorable will be keeping abreast of all the market changes this year. Stay informed by following our blog.