A combination of factors are behind the movement in the Sydney property market, including:
- Investors and those looking for interest-only loans finding it more difficult to get finance, as banks have tightened their lending criteria due to pressure from regulators,
- Tougher restrictions being imposed on foreign buyers by the government,
- Rising levels of housing supply, and
- Buyers with more realistic price expectations.
If you’re looking to take advantage of current market conditions to get into the property market speak to Strategic Investor Group today.