Investors who examine local markets rather than national averages could still find growth, InvestorKit head of research Arjun Paliwal said, citing purchases he made in Burnie in 2017 that later rose between 30 and 45 per cent. He said broad commentary cannot capture conditions in individual local government areas. PIPA survey data showed 44 per cent of investors planned to buy within six to 12 months.
Reported by
Cameron Micallef, Smart Property Investment, 16 September 2020
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