By Michael Yardney
It's not too late to invest in this property cycle, and Melbourne is likely to deliver the best capital growth over the next five years.
These are some of the findings from Australia's largest survey of residential property investors conducted by Michael Yardney's Property Update together with Kevin Turner's Real Estate Talk in December 2016.
The survey gathered insights from 1,322 property investors and budding investors, with more than half of these planning to buy an investment property in 2017.
However, 31% of respondents thought that difficulty getting finance would be a stumbling block for them in the coming year and 27% were concerned about the economy and the future of our property markets.
Yet despite the many mixed messages in the media, and the expectation of lower capital growth over the next few year, 54% believe it's still a good time for them to invest with the majority of the investors feeling that a detached home in the Melbourne or Brisbane property markets will deliver the strongest capital growth over the next five years.