Investor borrowing has been growing throughout 2023, more strongly than owner-occupiers. Eliza Owen from CoreLogic said: “Investors largely operate on a capital growth strategy in Australia, with the majority of investors likely being negatively geared at this point in the rate cycle. What this means is that any sign of asset value increases, including from reduced interest rates, could entice more buyers into the market.”
Source :https://www.forbes.com/advisor/au/property/australian-property-market-forecast-2024