NEWS \\
PROPERTY’S TIME IN THE SUN – INSIGHTS FROM BERNARD SALT Social commentator Bernard Salt believes COVID will trigger a shift away from CBDs to suburban hubs and regional lifestyle areas, with Australians seeking more spacious homes with a ‘Zoom room’. Source: AAP After the real estate market’s unanticipated pandemic surge, property trends are being shaped by the post-COVID lifestyle expectations of Australians. So where will the next wave of property investment opportunities come from? At a recent Investor Breakfast Briefing hosted by alternative investment platform AltX, social commentator Bernard Salt discussed the demographic trends underpinning Australia’s property momentum, and the growing interest in private real estate debt in Australia. PROPERTY AT THE HEART OF AUSTRALIAN VALUES Australians (baby boomers in particular) have a strong affinity for real estate,
according to Mr Salt. And as a relatively rich country per capita – ranking 13th globally by GDP in 2020 – the place where they feel most comfortable investing their money is in housing. With record-low interest rates, Australian investors have been snapping up properties. Investor loan commitments rose 6.1 per cent in January 2022 alone, according to ABS data. But wholesale investors are also putting their money into the debt underpinning all that activity – investing in first mortgage-backed private real estate loans through platforms. AltX research into investor preferences revealed one in two investors say the main reason for investing in private real estate debt is that they know what they’re actually
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