PIPA In the News

Wed
26 Sep
2018

Mining property prices have dramatically dropped over past decade: PIPA

New research has found that property prices halved in many mining regions over the past decade.

Property Investment Professionals of Australia (PIPA) chairman Peter Koulizos is currently reviewing research he undertook for a book that was published in 2008.

As part of the new research, however, Koulizos used CoreLogic data to calculate the best and worst performing areas over the past 10 years and found a clear front – runner for bottom of the pile – mining locations.

Wed
26 Sep
2018

Today's top-performing city is probably not the one you thought it was

As property managers or BDMs, your clients prefer to invest in the best-performing capital city market. But given the circumstances in the current market, this one might not be the capital city you imagined, according to one property expert and lecturer.

Speaking to REB sister publication Smart Property Investment, Peter Koulizos, chairman of the Property Investment Professionals of Australia and lecturer at TAFE SA and the University of South Australia, highlighted that Adelaide is currently the best-performing capital city market on the mainland and has great potential for future growth.

"If you were looking to buy into a market, I reckon you've got two options: there's either Adelaide or Brisbane because basically everywhere else is going backwards," the PIPA chairman said.

With the previous success of Sydney and Melbourne over the last 10 years, Mr Koulizos said that the next 10 years are unlikely to do well, while Adelaide and Brisbane are next in line to see growth.

Wed
26 Sep
2018

Expert reveals the best-performing capital city market on the mainland

As a property investor, you only want to consider best properties, so naturally you would invest in the best-performing capital city market. According to one property expert and lecturer, it may not be where you think.

Speaking to Smart Property Investment, Peter Koulizos, chairman of the Property Investment Professionals of Australia and lecturer at TAFE SA and the University of South Australia, highlighted that Adelaide is currently the best-performing capital city market on the mainland and has great potential for future growth.

"If you were looking to buy into a market, I reckon you've got two options: there's either Adelaide or Brisbane because basically everywhere else is going backwards," the PIPA chairman said.

With the previous success of Sydney and Melbourne over the last 10 years, Mr Koulizos said that the next 10 years are unlikely to do well, while Adelaide and Brisbane are next in line to see growth.

Wed
26 Sep
2018

"Kamikaze' plan could 'kill' property market

ONE of Australia's most outspoken property experts has issued a dire warning for Labor, insisting the party could "destroy the property market".

Last week, Prime Minister Scott Morrison told news.com.au the ALP's vow to limit negative gearing to newly built homes would actually "invite a housing market crash".

The policy is at the core of the Labor's housing proposals - and negative gearing policy is expected to be one of the major issues at the heart of the next federal election.

Now, property investor and author Bushy Martin has weighed into the divisive debate, claiming Labor's plan could end up decimating our already ailing housing market.

"This is an economic disaster in the making and is the only real current threat that has the potential to destroy the property market and slash the value of everyone's homes," he told news.com.au.

Tue
25 Sep
2018

86% of investors to secure next loan through a broker

An increasing number of property investors are looking to secure their next loan through a mortgage broker as they seek alternative finance solutions amid tighter lending policies.

According to a survey of 820 property investors from the Property Investment Professionals of Australia (PIPA), 86 per cent of property investors intended to secure their next loan through a mortgage broker, up from 83 per cent from PIPA's 2017 survey.

The survey also found that 75 per cent of investors secured their last investment loan through a broker, up from 73 per cent in the previous year.

Conversely, 20 per cent of respondents said they secured their last loan directly from a bank while 2.8 per cent directly from a credit union, building society or specialist lender.

Tue
25 Sep
2018

13% of investors will 'struggle' to repay P&I

The expiry of the interest-only period is set to place 13 per cent of property investors in financial stress, according to new research.

According to a survey of 820 property investors from the Property Investment Professionals of Australia (PIPA), 13 per cent of interest-only borrowers were expecting to "struggle" when they begin repaying principal and interest, with a further 13 per cent "unsure" and 61 per cent confident in their ability to meet repayments.

Of those that said they would struggle to meet principal and interest repayments, 5.5 per cent said they have sold, or would have to sell, an investment property to meet loan commitments.

Tue
25 Sep
2018

Survey finds regional markets are favourable

Property investors have become more confident in the worth of regional markets with a new survey revealing more find it an appealing option.

The latest Property Investment Professionals of Australia (PIPA) Property Investor Sentiment Survey found that 20 per cent of investors believed regional markets were the most appealing place to buy right now.

This increased from 15 per cent at the same time last year. 

Most respondents to the survey believed now was a good time to invest, with the majority, 52 per cent, planning to buy in the next 6-12 months.

Tue
25 Sep
2018

Brisbane best city to invest

Brisbane has been in line as the next capital to boom for a long time but it could finally be the city's time to shine, with predictions it will soon be leading the property growth charts.

The River City is the hot favourite for investment, according to the latest Property Investment Professionals of Australia (PIPA) survey with 44 per cent of respondents believing it is the capital city with the best prospects, up from 43 per cent last year.

About 26 per cent picked Melbourne, down from 32 per cent last year, while only 8 per cent chose Sydney as having investment potential.

PIPA chairman Peter Koulizos says with growth just around the corner, now is the time for investors to be buying in Brisbane.

"If you're looking at a time frame of five to seven years, Sydney is not the place to go, because it's already had its big rise, and Melbourne is the same," he says.

Tue
25 Sep
2018

Urgent sales on the horizon as 13% of investors struggle with loan changes

Investors being forced into principal and interest payments are set to "struggle" when their interest-only period expires, and selling may be their only option, according to new research.

According to a survey of 820 property investors from the Property Investment Professionals of Australia (PIPA), 13 per cent of interest-only borrowers were expecting to "struggle" when they begin repaying principal and interest, with a further 13 per cent "unsure" and 61 per cent confident in their ability to meet repayments.

Of those that said they would struggle to meet principal and interest repayments, 5.5 per cent said they have sold, or would have to sell, an investment property to meet loan commitments.

Tue
25 Sep
2018

Property industry still attractive to investors

Property investors are showing more confidence in the market this year than in 2017, according to the latest Property Investment Professionals of Australia (PIPA) Property Investor Sentiment Survey. So far, at least, it appears investors are unfazed by finance issues, taxation policy changes, and the market slowdown in Sydney and Melbourne.

Over 77% of the 820 respondents believed that now is a good time to invest in property, with 52% planning to buy a property in the next six to 12 months.

The number of investors saying that changes to investor lending policies have affected their ability to secure finance for an investment property increased to 48% from 43% in 2017.

 

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