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Investors might have noted some recent positives in the Australian economy. June quarter GDP growth of 3.4% was above potential and the fastest rate since 2012, while business investment has been looking healthier and infrastructure investment and exports have been supporting growth.
The survey findings show that over half of the 1,802 respondents believe that 2019 is a good time to invest in property, with 42% actively planning to buy new properties as long-term investments. An overwhelming number of respondents (84%) expect market values to either remain stagnant or drop in 2019, yet they still see potential.
08/01/2018