REINSW  

SEARCH

 Click to Search
   MEMBER LOGIN Username    Password  Remember me Click to Login Forgotten password?  About REINSW  Contact Us   
:: MEDIA RELEASES
Click to print page
bullet
Property investors have plenty to be cheerful about
Released 30 November 2011



While many investors are increasingly pessimistic about the fate of the Australian property market in 2012, property industry experts are adamant that there is no reason to panic.     

Your Investment Property magazine consulted a panel of experts made up of top economists and property analysts to find out what to expect in the year ahead.

The Australian economy remains strong and investors have plenty to be cheerful about, according to Editor Nila Sweeney.

"Despite the alarming headlines, the economy is holding up well in the face of economic turmoil overseas," Sweeney said.

At a state-specific level, Your Investment Property has identified the key drivers of growth in each state, as well as those factors that may cause growth to drag.

"Poor sentiment is a real problem in Queensland, Western Australia and South Australia at the moment, whereas over in New South Wales and Victoria, it's more about affordability," Sweeney said.

"But lower interest rates, big infrastructure projects in the pipeline and some strong state economies will be pushing the property market through in the new year."