Commercial property booms as negative gearing changes bite | 7NEWS

2 hours ago The News Room

Commercial property investment is experiencing a surge in interest from mum and dad investors following federal budget changes to negative gearing that have caused residential property investment to plummet. Investors are using self-managed super funds to purchase commercial properties, with entry points around $200,000 to $300,000 for million-dollar properties, attracted by returns of 5-6% per annum, longer leases and lower maintenance. Industrial property vacancy rates along the East Coast remain below pre-pandemic levels, with New South Wales showing the most resilient market performance.

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