2321 GMT [Dow Jones]--Investors in Australian residential property are back, says Morgan Stanley. Its latest survey paints a positive outlook for sentiment, anchored by expectations of rising house prices and a preference for detached homes. A key finding: 55% of potential purchasers indicate they are interested in buying property as an investment this year, up from 35% in 2024. "This may be most impactful for Mirvac, where investors made up just 25% of sales in FY 2025, versus typically 55-60% pre-FY 2020," analyst Lauren A. Berry says. MS has an overweight call on Stockland and an equal-weight call on Mirvac. (david.winning@wsj.com)
(END) Dow Jones Newswires
October 02, 2025 19:24 ET (23:24 GMT)
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