Comparison site Finder published an index ranking the strongest and weakest suburbs for investors in each capital, favouring inner and middle ring areas and flagging parts of Sydney’s outer west and Central Coast as riskier. Separate lending figures showed investors accounted for about 40 per cent of new loans, and a growing share of first-time buyers were purchasing as investors rather than to occupy.
Reported by
Vivia Hyde, News.com.au, 10 August 2024
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