Nurses, teachers or CEOs: which occupation boasts more property investors?
Property investing is not just for high earners or executives.
Many investors are people you deal with every day.
Owning a home has long been the Australian goal.
For a growing number of households, owning an investment property is the next step.
Research from Agile Market Intelligence shows one in four households plan to invest in property within the next 12 months.
If they follow through, they will join close to 2.3 million Australians who reported earning rental income in the 2022–23 financial year, based on the latest ATO data.
What stands out is who these investors actually are.
PropTrack research shows property investors come from almost every age group, income level and occupation.
So which jobs appear most often?
Based on ATO 2021–22 data compiled by PropTrack:
- General managers lead the list with 65,559 investors
- Teachers rank second with 64,529 investors
- CEOs and managing directors sit close behind with 60,800
- Nurses follow with 55,519
- Accountants round out the top five with 49,203
Trades and frontline roles also feature strongly.
- Electricians rank 12th with 21,397 investors
- Truck drivers sit 18th with 15,378
- Police rank 20th with 15,400
This shows property investing is not limited to job titles or big salaries.
Here are four common ways people step into property investing.
Use home equity
National home values have risen 49.1% over the past five years.
For many homeowners, this has increased available equity.
Equity is the difference between your property value and your remaining loan balance.
In some cases, part of this equity can be used instead of cash as a deposit for an investment property.
Turn your first home into a rental
If you plan to upgrade, keeping your current home as a rental may be an option.
This can reduce selling costs and allow you to use existing equity toward the next purchase.
Finance and tax planning matter here, so advice is key before moving forward.
Rentvesting
Rentvesting means renting where you live while owning an investment property elsewhere.
This can allow you to live in a preferred area while buying in a more affordable location.
PropTrack reports this strategy is growing in popularity, especially among first home buyers.
Buying as an investor may limit access to first home buyer incentives.
This needs to be weighed against rental income and potential tax benefits.
Co-investing
Buying with family or friends can improve buying power by pooling resources.
Costs, ownership shares and exit plans need to be agreed upfront.
Some lenders offer loan structures designed specifically for co-borrowers.
If you are thinking about investing in property, the first step is understanding your options.
Your income, equity position and strategy all matter.
If you want to explore whether property investing could work for you, get in touch and let’s talk it through.
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