Since 2000, the proportion of investors under 50 has gradually declined, while the share of investors aged 60+ has increased significantly. The 50-59 age group has also seen moderate growth.
Older, higher-income earners continue to represent a large portion of property investors. Some contributing factors may include:
* Historically lower property prices relative to wages
* More time to accumulate capital growth and equity
* Easier lending conditions in previous decades
* Greater ability to scale investment portfolios over time
The data also shows a growing concentration of investors owning multiple properties between 2000 and 2023:
* 79% of investors owned 1 investment property in 2000, falling to 71% in 2023
* 17% owned 2 investment properties in 2000, increasing to 19% in 2023
* 4% owned 3 or more investment properties in 2000, increasing to 7% in 2023
With proposed changes to Capital Gains Tax (CGT) and Negative Gearing policies likely to impact investors, it will be particularly interesting to see how different age groups and portfolio sizes are affected moving forward.
Understanding these long-term trends can help investors make more informed decisions, better time their investments, and stay ahead of the market.
