CoreLogic's Profile of an Australian Property Investor

Interesting 46 page report on the Aussie property investor just released from CoreLogic. Download it here. Good read on quantifying investor activity across all markets, highly recommend it.

• Australian property investors now account for more than a quarter of the nation’s housing stock.

• of the total property market, investors account for 2.6 million dwellings with a combined value of $1.37 trillion.

• comprise almost half of the demand for new mortgage commitments

• as of April 2016 investors accounted for 26.9% of Australia’s residential market, up from 22.3% two years prior.

• investors claimed $3.7 billion worth of losses via negative gearing over the 2013/2014 financial year, down 34.2% on the $5.6 billion claimed in 2012/2013 and down 59% from the peak of $9 billion in 2007/2008 and Lawless said those reductions are likely to continue.

• According to CoreLogic, 2.03 million Australians, or 15.7% of the population, are property investors, with each investor on average owning 1.28 properties.

• Those properties are likely to be towards with the lower end of value brackets, with 53.4% of investment-owned dwellings have a current estimated market value of less than $500,000, compared with 46.9% of owner occupied dwellings.

• 48% of all units in Australia are owned by investors, while only 17% of detached houses are owned by investors. That concentration is even higher in inner city unit markets, with investors accounting for 60% of unit stock in Victoria and South Australia and approximately 50% in New South Wales and Queensland

• Property is one of the most heavily taxed asset classes and generated $45bn in tax revenue. This accounts for 50.6% of all tax revenue

• Significantly more CGT was collected than deducted-$51.2bn vs $3.4bn

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If this is true, we better vote Bill in quickly. Otherwise, there won't be any NG losses for him to campaign against and the window of opportunity to repay Australa's debt will be gone .

If this is true, Bill must think there is still more money they can extract from this sector

 

These are super-helpful stats!

Raises questions about the 'value' of units moving into the future, versus houses, though...

When the dwelling type splits out in those charts, the average % of the units volumns are roughly 50%-ish. So if 50% of unit buys today are for investment, maybe this is consistent enough? Only time will tell. The most interesting metric for units moving forward will surely then be 'vacancy rate', no?

 

When you look at the numbers with something like this,and the tax revenue streams the next government that comes in would want to be very care full with what they intend to ..

The standout with this is units vs detached houses on large blocks,
but there were riverfront units in Teneriffe inner Brisbane just after the 2011 floods that were selling for just over i mill most of those went back above 4 mill,but they never show up in the data..