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STIFFER MARKET COMPETITION ON THE HORIZON AS INVESTORS SLOWLY CREEP BACK

Posted by admin on December 2, 2020
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With first-home buyers and upgraders dominating the market, the quiet pick up in investor activity is going largely unnoticed. The most recent home lending data from the Australian Bureau of Statistics (ABS) found that in October 2020 there was $5.3 billion in new lending to investors. While that represented the smallest share of total new lending to investors on record at 23.3%, the value of lending to investors has increased for five consecutive months and is up 29.5% over that period.

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Brendan Bowie has specialised in property sales, marketing, and leasing for more than 20 years. As a City of Belmont resident with a great knowledge of the local area, Brendan’s strategic and innovative property marketing approach, coupled with a strong networking focus, consistently yields quality outcomes for his clients.

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