{"id":21327,"date":"2019-10-08T08:27:52","date_gmt":"2019-10-07T19:27:52","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=21327"},"modified":"2019-10-08T08:27:52","modified_gmt":"2019-10-07T19:27:52","slug":"sign-that-property-markets-are-in-recovery-mode-with-investors-getting-their-mojo-back","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/sign-that-property-markets-are-in-recovery-mode-with-investors-getting-their-mojo-back\/","title":{"rendered":"Sign that property markets are in recovery mode, with investors getting their mojo back"},"content":{"rendered":"

 <\/p>\n

PHOTO:\u00a0Investor confidence has bounced back after almost two years of fear, as prices rise in Sydney and Melbourne.<\/strong><\/p>\n

When property markets in Sydney and Melbourne began to look shaky in mid-2017, investors were among the first to run for the hills.<\/p>\n

\n

And for almost two years since the end of the last price boom in Australia\u2019s two biggest cities, they\u2019ve stayed away.<\/p>\n

However, the outcome of the federal election \u2014 which killed off Labor\u2019s negative gearing and capital gains tax policies \u2014 has given would-be real estate investors some renewed confidence.<\/p>\n

Peter Koulizos, the chairman of lobby group Property Investment Professionals of Australia, said there had been a surge in buyer sentiment in recent months, with corresponding price increases in\u00a0Sydney<\/a>\u00a0and Melbourne.<\/p>\n

The organisation has just released the results of a survey of its full membership, which found that 82 per cent of investors view now as a good time to buy residential property.<\/p>\n

\"Core<\/p>\n

READ MORE VIA NEWS.COM.AU<\/p>\n