This is a very common result in research but surpringsly we are seeing an increase in families and individuals in the middle demographic. We see this change perhaps because of the global financial crisis. Many clients have recognised the security in property over an unstable stock market – for them the guarantee of appreciation in property is a security ticket that many of their parents may have overlooked.
Of course, the changes and developments in purchasing through SMSF’s have also had an impact. Families who may not have had access to appropriate funding options for investment property purchase now have the option – and we are seeing a slow increase again in that middle market.