The latest property survey shows investors are looking to snap up more houses with confidence growing in the market.
The ANZ Property Investment Survey for 2012 shows the number of investors which expect their property value to increase has risen a tenth to 87%, compared with 71% last year.
Over the next five years, the average investor expects both their property value and rents to rise by up to 10%.
The survey shows buyers are taking a long-term view to property investments, with almost 90% planning to keep their existing property for the long-haul.
Among the respondents, 61% plan to buy more houses, while 49% intend to buy in the next two years.