Two thirds of investors still considered conditions favourable for buying residential property, down from 82 per cent in 2019, the 2020 PIPA Annual Investor Sentiment Survey found. Queensland topped the state rankings at 36 per cent, and interest in regional and coastal locations rose. Long term capital growth was the main motivation for 62 per cent, while about 29 per cent had bought in the previous year.
Reported by
Alex Brewster, Savings.com.au, 16 September 2020
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