Invest
‘Mass affluents’ continue big push into property
Well over half of professionals surveyed by KPMG are planning to apply for a home loan in the next two years, despite significantly high debt to income ratios.

‘Mass affluents’ continue big push into property
Well over half of professionals surveyed by KPMG are planning to apply for a home loan in the next two years, despite significantly high debt to income ratios.

About 600 professionals earning between $70,000 and $250,000 per annum – falling into the ‘mass affluent’ definition - were surveyed by KPMG about their views of the mortgage market and their future intentions.
The results found sidential property is still a sought-after investment – and one a significant number of mass affluent Australians plan to make in the next two years.
Sixty-three per cent of professionals currently without a home loan plan to apply and buy within the next two years, according to the survey.
Further, 45 per cent of respondents still want to apply for a home loan at a branch – but prefer digital channels to conduct research on home loans and for servicing once their home loan has been drawn down.
“We believe this reflects a generally held belief that residential asset prices will continue to rise in the long run despite current high prices and issues around affordability,” said Geoff Rush, KPMG Financial Services Partner.
This is in spite of figures showing that, since 2006, the median house price in Australian capital cities has more than doubled from $286,000 to almost $700,000.
There are similar parallels for units and apartments, where median prices across capital cities has grown by 40 per cent in the last ten years

Property
How to determine the real value of a property
With various factors affecting market value and pricing, can one truly predict what buyers will pay for properties? ...Read more

Property
House prices tipped to soar 20% in 2 years: Westpac
House prices in Sydney are tipped to grow by 20 per cent over the next two years, and by 18 per cent in Melbourne, as a leading economist predicts strong economic growth following the rollout of the C...Read more

Property
5 tips to unearth the next property hotspots
A property expert has bullishly claimed that property hotspots are a “complete myth” that almost guarantees buyers will pay top dollar, and has instead urged buyers to seek out the “warm spots...Read more

Property
Top 10 inland rural towns to invest in
While it’s become apparent that regional housing markets have stolen the spotlight, having outpaced their capital city counterparts in 2020, new research has shown that inland rural towns have also ...Read more

Property
Where to buy under $300k
A positively geared property with high capital growth potential does not necessarily need to carry an astronomical price tag, an expert has said, with new market entrants able to land a home for under...Read more

Property
‘Great Australian dream’ of owning a home lives on amid COVID
Most Australian investors and home buyers were largely undeterred by the events of 2020, remaining eager to push through with their investment plans, a new survey has found. ...Read more

Property
6 key indicators to heed when buying your next investment property
Self-proclaimed data nerds Arjun Paliwal and Kent Lardner have shared their six must-know indicators when researching your next investment property. ...Read more

Property
RBA admits low interest rates will boost cost of housing
The RBA has confirmed that it is closely monitoring the impact of low interest rates on the level of housing loan commitments and acknowledged the “inherent” risk of soaring asset prices in the ho...Read more

Property
How to determine the real value of a property
With various factors affecting market value and pricing, can one truly predict what buyers will pay for properties? ...Read more

Property
House prices tipped to soar 20% in 2 years: Westpac
House prices in Sydney are tipped to grow by 20 per cent over the next two years, and by 18 per cent in Melbourne, as a leading economist predicts strong economic growth following the rollout of the C...Read more

Property
5 tips to unearth the next property hotspots
A property expert has bullishly claimed that property hotspots are a “complete myth” that almost guarantees buyers will pay top dollar, and has instead urged buyers to seek out the “warm spots...Read more

Property
Top 10 inland rural towns to invest in
While it’s become apparent that regional housing markets have stolen the spotlight, having outpaced their capital city counterparts in 2020, new research has shown that inland rural towns have also ...Read more

Property
Where to buy under $300k
A positively geared property with high capital growth potential does not necessarily need to carry an astronomical price tag, an expert has said, with new market entrants able to land a home for under...Read more

Property
‘Great Australian dream’ of owning a home lives on amid COVID
Most Australian investors and home buyers were largely undeterred by the events of 2020, remaining eager to push through with their investment plans, a new survey has found. ...Read more

Property
6 key indicators to heed when buying your next investment property
Self-proclaimed data nerds Arjun Paliwal and Kent Lardner have shared their six must-know indicators when researching your next investment property. ...Read more

Property
RBA admits low interest rates will boost cost of housing
The RBA has confirmed that it is closely monitoring the impact of low interest rates on the level of housing loan commitments and acknowledged the “inherent” risk of soaring asset prices in the ho...Read more