Tony Alexander Survey Report April 2023

Key points of interest from this month’s survey

• A net 13% of investors report that it is getting easier to find good tenants. This is the highest reading since March 2022.
• For investors looking at a new or used property, preference is shifting away from townhouses to standalone dwellings.
• New interest rate uncertainty has led to a slight rise in the average term investors plan fixing their rate for.
• Removal of interest expense deductibility is becoming a more important factor for those investors looking to sell.
• There is a downward trend in the proportion of investors selling in order to finance the purchase of another property.
• Fewer investors are contemplating selling because they are concerned about future house price falls.

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