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MARKET NEWS

Good investment

The start of the year has seen the Australian property market remain strong, leading to a boost in confidence for the sector.

 

A survey by Mortgage Choice found that 94.4% of Australian property investors were happy with their property purchase.

 

According to CoreLogic, capital city home values were up 10.9% for the year. When combined with gross rental yields, this spelled good news for property investors. Total returns on capital city properties for 2016 were 14.7%.



Published: 01 February 2017