Historically, residential property has been one of the safest and more lucrative investment classes in our market. It has long been the Australian dream to own one's own home, but this has becoming more a dream and less a reality for many Australians. Since the property market in the US collapsed spectacularly in late 2008, investors and lenders alike have been fearful of a similar occurrence in our own market. This has constrained industry revenue, which is estimated to grow at a compound annual rate of just 0.6% in the five years through 2012-13, when revenue is expected to reach $29.2 billion.
The industry is made up of individual investors or operators that rent or lease residential properties.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.