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The best suburbs to invest in property in your state right now
The article below is owned and published by The Mercury, Gold Coast Bulletin, Geelong Advertiser, Townsville Bulletin, Cairns Post, The Chronicle, Adelaide Now and NT News.
Inspire Realty property investment advisor Colin Lee said investors were fleeing the market at a time when housing supply was at critical lows.
“While people are calling for our leaders to fix the rental market problem, they don’t have
the capacity to build affordable housing,” Mr Lee said. “Instead, they need to encourage private investment to pick up the slack.
“Around 90 per cent of all rental accommodation is already provided by everyday
Aussie investors.”