The biggest concerns of property investors in 2021
Sep 2021Karen Millers
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The 2021 PIPA Annual Investor Sentiment Survey, which surveyed almost 800 property investors across Australia, has provided an interesting snapshot of investors’ “biggest concerns”.
Survey respondents were asked the question: “What is currently the biggest concern for you as a property investor?”
Just over one-third of investors – or 34 per cent – revealed gaining access to lending as their biggest concern for right now.
A further 16 per cent are fearful of a big correction in property prices.
Coronavirus and continuing lockdowns were the biggest concerns of just 9 per cent of investors, followed by falling rental yields at 8 per cent.
Long periods of rental vacancy (7 per cent), being ripped off by a property spruiker (7 per cent), job security (6 per cent), and an oversupply of new property (4 per cent) rounded out the list.
The survey also enabled PIPA to gain a sense of the biggest motivators of property investors.
It asked the question of investors: “Why invest in property?”
The number one priority for 60 per cent of investors is long-term capital growth.
A further 28 per cent of investors indicated long-term rental income – as a passive form of income – as their number one reason.
Far fewer investors were interested in short-term price growth (4 per cent), renovating for profit (3 per cent), and short-term cash flow (3 per cent).
Just 2 per cent of investors said their number one reason for investing in property was for short-term tax benefits.
Staff Reporter, realestatebusiness.com.au, 21 September 2021
https://www.realestatebusiness.com.au/property-management/22158-the-biggest-concerns-of-property-investors-in-2021