Invest
‘Accommodation mini sectors’ flagged as investment hotspot
One Australian research and forecast company has flagged sub-sectors within the accommodation industry as a strong opportunity for savvy investors.
‘Accommodation mini sectors’ flagged as investment hotspot
One Australian research and forecast company has flagged sub-sectors within the accommodation industry as a strong opportunity for savvy investors.
BIS Shrapnel associate director of economics Richard Robinson told nestegg.com.au that accommodation for the aged care sector is undersupplied at the moment.
"It does tend to rely on government subsidies, and with government revenues being constrained, they’re trying to constrain their spending too. Aged care suffered a cut in the budget, but it is going to be a growth sector over the long term," said Mr Robinson.
"Another area of accommodation is student accommodation, because the education sector for international students is growing quite strongly, so that might be a mini sector among the accommodation sector."
Mr Robinson said investors should be careful where student accommodation is tied in with general housing supply because there are oversupplies of apartments in some cities.
Tourism is another sector he expects will do well, with the sector significantly benefiting from the lower Australian dollar and already beginning to pick up.
"It's probably got some of the brightest growth prospects, and it's quite diverse," he said.
Mr Robinson said on the home front, Australians will increasingly be going on fewer holidays overseas, which have become a lot more expensive than domestic holidays.
"The lower dollar also makes Australia an attractive destination, particularly for those countries [where] the Australian dollar has fallen the most against, which is the US and also China.
"Australia is becoming a much cheaper destination for the Chinese, and Chinese growth has been quite strong."
In-bound tourism, he said, will probably be the strongest boost for the sector.
Mr Robinson said the hardest part for investors will be determining in what part of the tourism sector they want to invest specifically, but said investors can expect growth in tourism across both the cities and regional areas.
Property
Property prices boosted by housing policies: RBA
The central bank has outlined the “pervasive” impact that policy has on property. ...Read more
Property
Labor’s ‘Help to Buy’ scheme not without its risks
With Anthony Albanese sworn in as Australia’s 31st PM, home buyers are excited at the prospect of accessing the new ‘Help to Buy’ scheme, but a property expert has warned that the risks may be g...Read more
Property
Australia's housing market is entering a ‘broad-based correction phase’
Westpac believes the housing market downturn is now underway. ...Read more
Property
ANZ now expects house prices will end the year lower
With higher interest rates on the horizon, the bank is forecasting larger house price declines than previously expected. ...Read more
Property
Which capital cities are most attractive to property investors?
A new survey has suggested that investor attention is shifting away from Australia’s two largest capital cities. ...Read more
Property
Market uncertainty fails to discourage foreign property investors
While interest from foreign investors in Australian property has remained strong, HLB Mann Judd warned that tax increases could see demand shift to other markets. ...Read more
Property
Regional renters forced to spend more of their income than ever before
Renters in regional areas are spending nearly as much on rent as home owners are spending on mortgage repayments. ...Read more
Property
Aussie home buyers now need to save for over 11 years for a deposit
Since early 2020, the time needed to save for a deposit has increased by more than two years. ...Read more
Wrapping up an eventful 2021
Listen now
What Omicron means for property, and are units right for first-time buyers? What is equity crowdfunding? Are industry super funds tapping into member funds to save their skins?
Listen now
Will housing affordability improve in 2022? Will buy now, pay later become the norm? Why are Aussies staying in failing super products?
Listen now
Who really benefits from crypto ETFs? How will the RBA respond to rising inflation? Could a mandate help address unpaid super?
Listen now
Property
Property prices boosted by housing policies: RBA
The central bank has outlined the “pervasive” impact that policy has on property. ...Read more
Property
Labor’s ‘Help to Buy’ scheme not without its risks
With Anthony Albanese sworn in as Australia’s 31st PM, home buyers are excited at the prospect of accessing the new ‘Help to Buy’ scheme, but a property expert has warned that the risks may be g...Read more
Property
Australia's housing market is entering a ‘broad-based correction phase’
Westpac believes the housing market downturn is now underway. ...Read more
Property
ANZ now expects house prices will end the year lower
With higher interest rates on the horizon, the bank is forecasting larger house price declines than previously expected. ...Read more
Property
Which capital cities are most attractive to property investors?
A new survey has suggested that investor attention is shifting away from Australia’s two largest capital cities. ...Read more
Property
Market uncertainty fails to discourage foreign property investors
While interest from foreign investors in Australian property has remained strong, HLB Mann Judd warned that tax increases could see demand shift to other markets. ...Read more
Property
Regional renters forced to spend more of their income than ever before
Renters in regional areas are spending nearly as much on rent as home owners are spending on mortgage repayments. ...Read more
Property
Aussie home buyers now need to save for over 11 years for a deposit
Since early 2020, the time needed to save for a deposit has increased by more than two years. ...Read more
More articles
Website Notifications
Get notifications in real-time for staying up to date with content that matters to you.
