The property price boom around the country is seeing a rise in investor activity.
The RBA has kept the official cash rate at just 0.1 per cent for another month as forecasters continue to suggest that’s where they’ll stay for another year or two.
Apartments out in the suburbs are making a comeback in the property market as a new wave of investor interest and housing affordability struggles cause attention to be turned to the sector.
The national inflation figures came out yesterday and were slightly lower than expected with the consumer price index rising 0.6 per cent over the three months to March.
Melbourne apartment investors are taking some big hits selling off dwellings they've been unable to fill with tenants since COVID hit.