Foreigners Are Keen to Invest in Australia
Australia has always been a favourite holiday and relocation destination due to its great quality of life and value for money and still today, carefully selected investment property in Australia offers great potential to overseas purchasers. With a well established and growing tourist industry in operation and increased economic activity in the major cities from foreign investors, many real estate investments are providing excellent opportunities.Why Invest in Australia?
Despite misgivings by some investors due to increased interest rates and high property prices, the real estate market is in fact booming in certain parts of Australia. Today investors can take advantage of many economic and political advantages to property purchase in Australia, meanwhile enjoying the outstanding natural beauty, climate and lifestyle.Natural and Cultural Factors
Sun-baked horizons, rugged mountains, unspoilt beaches and dense tropical rainforest make it a popular holiday and lifestyle option.- Due to fantastic beaches and countryside, sporting activities such as diving and surfing are to be enjoyed as well as great opportunity for all types of ecotourism.
- Large cultural cities, such as Sydney, where opera and other musical events can be enjoyed, as well as world class cinema, theatre, art galleries, and much more.
- Temperate year-round climate, with an average of 3,000 hours of sunshine per year.
- Relaxed and healthy lifestyle in the sun
- English is the national language, greatly facilitating a move here
- Well served by six major international airports
Economic Factors
- High capital growth in areas such as Perth (36.6% to 42% per annum in 2006)
- Low cost commercial properties and a growing international business presence in major cities, due to good value for money and a foreign investor friendly environment.
- High demand for residential and commercial real estate to accommodate growing expatriate working community.
- Due to high interest rates and property prices, many Australians are increasingly seeking rental accommodation, making this a healthy growth area for investors.
- Currency exchange rates against the euro, dollar and sterling are favourable, making property purchase in Australia a valuable option.
- High growth rate, superior to that in most OECD countries, including the UK and the US.
- Wide range of mortgage options available to foreigners, including interest free loans for five to ten years.
- Huge tourism growth. According to the Australian Forecasting Committee, some 10,000 extra hotel rooms will be required in resort areas by 2014.
- Population growth and rising incomes ensure the demand for housing outpaces current supply, causing prices to rise.
Land for Development / Project Sourcing
Australian land purchase gives investors a prime opportunity to gain maximum returns on investment. Propertyshowrooms.com and IPIN (International Property Investment Network) work with a close network of developers, land owners and agents alike to establish a carefully vetted list of sources and contacts which allows us to find our clients the very best options available today. We can also assist you to set up joint venture opportunities in Australia and implement investment strategies with the help of our trusted network of professionals.We maintain valuable contacts with many large-scale individual investors and investment consortiums who wish to take advantage of the current hot investment locations in Australia.
Summary
Not only is Australia an outstanding country in terms of lifestyle and climate, it offers many economical and political advantages to today’s overseas property investors. Australia offers profitable opportunities for city investment as well as property for sale in current property hotspots in coastal resorts such as those in Western Australia and North Queensland.Intelligent investors are making the most of today´s real estate market in Australia, while opportunities still last, for land, buy-to-let and pure investment options. (Propertyshowrooms)
