Landlord’s Market as Property Investor Lending Swells

A couple walks past a real estate agent's window in Melbourne, Australia, on May 1, 2019. William West/AFP via Getty Images

A landlord’s market has helped property investor lending swell in value by more than a third in the past 12 months.

Figures compiled by the Australian Bureau of Statistics show investor lending was up 5.4 percent in July to $11.7 billion (US$7.88 billion), closing in on a record high of $11.8 billion (US$7.95 billion) reached in January 2022.