Why buy in Australia?
Property Investment is now a global business. Property investors increasingly understand that the best opportunities may not be in their own backyard. Australia has long been a favourite investment property destination for British buyers. Now Asian and European investors are discovering that Australia’s unique combination of economic, political and social factors make it one of the most attractive locations for property investors in the world.
Proven Long Term Returns
Australian RRE capital returns have averaged 8.3% pa over the whole period for which national data is available (1982 to 2005), and a total return (including both capital gain and rental yields) of 14.8% pa. .
Political and Social Stability
Australia has one of the world’s most stable economic, political and social systems, with a very low probability of political unrest. The chances of upheavals, riots, coups or revolutions are minimal.
A Healthy Economy
Australia has enjoyed fifteen consecutive years of continuous economic growth (Sydney Morning Herald, Feb, 2006), and was ranked by the World Economic Forum as the 10th most competitive economy in the world (September 2005).
Rule of Law
Australia has an established legal system and one of the world’s best systems of land dealing registrations. Torrens Title ensures that once ownership is legally registered, the state guarantees the tile. Corruption in the Australian legal system is one of the lowest in the world.
Lifestyle
Australia has one of the most attractive lifestyles in the world. A recent survey by the Economist ranked Australia amongst the worlds’ ideal destinations thanks to the widespread availability of goods and services, low personal risk and an effective infrastructure. Anholt-GMI awarded Australia the titles of ‘The World’s Friendliest Nation’. Australia is also renowned as home to a tolerant cosmopolitan community with residents from diverse cultural and ethnic origins.
Housing Affordability
Australia still has attractive property price levels relative to many developed countries. In particular, there is an abundance of housing at reasonable prices in areas with highly attractive climates, close to modern urban facilities, and within reach of wonderful coastal environments.
Diversification
The bottom line is that the stable, well managed, low risk Australian property market provides an excellent opportunity for diversification in any property portfolio.
Rules apply to foreign investors. Plum Property is ideally placed to source an investment property in Australia for you. For more information Contact Us. |
