Contrary to the image a property investor might conjure up – a wealthy full-time property speculator – most residential investors in Australia don’t actually rely on it as their primary source of income.
In reality, Australia’s residential investment market is dominated by people who, having bought their own home, have moved onto buying an investment property. These small-scale investors own 83 per cent of all investment properties.
A typical rental housing investor is a high-income earner or family partnership, owning one or two dwellings as an extra income source. The probability of becoming a residential investor tends to increase with age and homeowner status, but declines after the age of 65.
Read the full article here: https://www.domain.com.au/news/three-charts-who-is-the-typical-investor-in-the-australian-property-market-20170801-gxmoqf/?utm_source=newsletter&utm_medium=email&utm_content=CTA-&utm_campaign=t-all-agent%20wrap&foo=bar