Should you buy an investment property after the budget changes?

by · Australian Financial Review

Andrew HobbsWealth reporter
Jul 3, 2026 – 5.00am

Sarah Pyke, a 38-year-old accountant from Sydney’s north, is a poster child for how property investing has helped many people build wealth.

Her five investment properties – she has never owned a home she lives in, we will explain why later – are spread geographically across Australia’s east coast and all have enjoyed capital and income growth in the years since she bought them, starting with a unit in Wollongong 16 years ago.

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Andrew HobbsWealth reporterAndrew Hobbs covers self-managed superannuation funds (SMSFs), financial planning, retirement, inheritance, tax, personal finance and, sometimes, the Perth Bears. He has been a financial journalist for 30 years, previously at Bloomberg and AAP.

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