With 5 millions households currently owning their own homes1 and 1 million of this proportion owning one or more investment properties2, Australians have tried to make much of their worth through real estate.
In the recent decade of uncertainty in the banking climate, banks have tightened their ‘cash-out’ policy on real estate. As a result, a market demand gap of $16 billion3 per year has been created from individuals, the self-employed and businesses that wish to release equity from their real estate properties.
1. 2071.0 - Census of Population and Housing: Reflecting
Australia - Stories from the Census, 2016
2. 4130.0 - Housing Occupancy and Costs, 2015-16
3. Maxiron Research 2018