Australian property investors squeezing out first-time buyers as record borrowing and rate cuts drive purchases
Pressure on first home buyers heightens as investors target lower-priced homes and more affordable regionsGet our breaking news email, free app or daily news podcastProperty investors borrowed a record sum, nearly $130bn, to buy homes over the year to June, supported by interest rate cuts but...
<p>Pressure on first home buyers heightens as investors target lower-priced homes and more affordable regions</p><ul><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl">daily news podcast</a></p></li></ul><p>Property investors borrowed a record sum, nearly $130bn, to buy homes over the year to June, supported by interest rate cuts but squeezing out first-time buyers.</p><p>Banks made almost 200,000 new loans to landlords over the year, the most since 2022, while the number of new first-home mortgages slipped to 116,000.</p> <a href="https://www.theguardian.com/australia-news/2025/aug/15/australian-property-investors-squeezing-out-first-time-buyers-as-record-borrowing-and-rate-cuts-drive-purchases">Continue reading...</a>
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