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Investors flood back into Australian property

May 4, 2024 - 00:10 -- Admin

The latest mortgage finance data from the Australian Bureau of Statistics (ABS), released on Friday, debunked the notion that Australia’s property market is suffering an investor “exodus”. The value of investor mortgage commitments increased by 31.1% in the year to March. This easily outpaced the 11.4% growth that owner-occupiers reported. The following chart shows the

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