The latest release from the Housing Industry Association (HIA) has highlighted the comparative strength of the investment lending market compared to owner occupiers, which further signals the possibility of successfully taking out a home loan for investment property in Caboolture.
Over January, owner occupier loans for dwelling construction fell by 5.3 per cent – while loans for established properties dropped by 7.9 per cent. HIA economist Geordan Murray said that the number of owner occupier loans as a whole was 7.3 per cent weaker than the same time 12 months earlier.
"Lending figures indicate that the investor market performed a little stronger in the month, with the value of lending to investors increasing by 1.6 per cent in January. Lending to investors building or constructing new homes, however, was slightly weaker during the month but remained markedly stronger than this time a year ago," said Mr Murray in a 11 March statement.
As more investors begin to invest in the nation and help to boost the country's housing supply, this figure could be anticipated to grow. Now could be the time to consider your investment options and speak with a local real estate agent about the possibilities available to you.