Growth Members surveyed believe the strongest growth in their region will come primarily from investors, followed by upgraders, then first home buyers and lastly from retirees. Growth Markets – Next Six Months National
ACT
NSW
QLD
SA
TAS
VIC
WA
Investors
41.9%
50%
41.6%
33.3%
37.5%
50%
33.3%
72.7%
Upgraders
32.3%
50%
29.1%
50%
37.5%
25%
26.6%
18.1%
FHB’s
14.2%
16.6%
5.5%
33.3%
9.0%
Retirees
11.4%
12.5%
11.1%
25%
25%
6.6%
Investor activity is expected to increase across the board, with all member survey respondents saying they anticipated growth in this segment. Investor Growth Rate Expectations – Next Six Months National
ACT
NSW
QLD
SA
20%
15.3%
42.8%
51.1%
53.8%
28.3%
TAS
VIC
WA
13.3%
20%
50%
60%
40%
26.6%
30%
0-%
19.1%
1-5%
51.0%
5-10%
23.4%
24.4%
23.0%
14.2%
25%
1020%
6.3%
4.4%
7.6%
14.2%
25%
100%
10%
Investor growth is expected to be driven mainly by better rental yields and returns, increased second buyer activity and easing of bank lending criteria.
10 First National Real Estate 2011 Property Market Outlook