Investor activity in new builds is increasing and first home buyers are dropping off as purchasers come to terms with the Albanese government’s changes to property tax discounts.
Data from property fund manager Oliver Hume shows the proportion of new-build sales to investors in Victoria has risen above 40 per cent for the first time since December 2024, while the share of first home buyer sales decreased from 66.7 per cent in April to 54.9 per cent in June.
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