Login
ISCOVER
More than 70 per cent of Australians over the age of 25 believe the time is ripe for property investment.
According to Citibank’s Australian wealth survey, 74 per cent think now is a good time to invest in property, while 40 per cent believe it is a bad time to invest in shares.
Citibank’s Andrew de Graaff said Australians were beginning to see property as relatively risk free.
You’re out of free articles for this month
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
Looking for more benefits?
Become a Premium Member.
“While a lot of people are saying now is a good time to buy and invest, it is another thing to actually do it,” he said.
Australia's property prices have held relatively firm while overseas markets, particularly in the US and Britain, plunged.
Melbourne's median house price fell just 1.8 per cent to $441,900 last financial year.
JOIN THE DISCUSSION