A question many have been asking is where are the first home buyers? With the Brisbane market in the early stages of recovery and interest low (normally favourable conditions) first home buyers still seem to be absent. Particularly when we look at the break up of housing finance below.   .

But the figures may be a little bit misrepresented. First home buyers are entering the market not as owner-occupiers but as investors. More recent figures on lending growth show that the growth area in lending is in the investor market.  

And it makes complete sense.

• The first home owners grant is no longer available for established property
• First time buyers can still get a foot in the market but have someone else help pay the mortgage while they continue to live at home and save or rent in locations that are close to their work or offer lifestyle benefits. Locations that would be out of their price range and budget from a buyer perspective.
• If the right type of property is purchased and structured correctly there are also significant tax benefits which are not achievable through own-occupied property.

We have had many clients utilise this approach as an effective way to building a property portfolio.

Contact us to discuss how you could get into the property market through investment