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Property on top as Australian i...

Property on top as Australian investors forecast strong returns

Property confidence ranks it among the very best investments in the nation at the moment.
The Australian property market has been named among the top performers in the financial sector in the nation at the moment.

Predictions from the Franklin Templeton Global Investor Sentiment Survey show that investors are so confident about the state of the economy in Australia at the moment that fewer people in the country will be looking to change their strategy in 2014 than anywhere else in the Asia-Pacific region.

In addition to this, Australian investors are expecting to see their returns increase to an average of 8.4 per cent in 2014 from the 8.1 per cent they experienced a year ago.

Among this confidence, property will be the light that shines brightest, with 34 per cent of people saying they will be increasing or starting a new investment in the sector in the next few months.

Some 70 per cent predict that property will be among the top three performing assets in 2014, up from just 59 per cent in 2013.

This comes as the Australian government is carrying out a study to look at the impact of foreign investors on the real estate sector.

Posted by Craig Francis
 

All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

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