Properties in Australia
As the property markets in much of Australia experience a rebound in pricing growth, this particular country is very appealing for would be expats to the land down under, second-home buyers and investors. In this article we’ll explore what is happening in the Australian property market and why buying property in Australia might offer good returns for investors. While the Australian market is predominantly an outright purchase market, 29% of the population still rent - which can often leave opportunities for good value property in the right area. While cities such as Melbourne and Sydney have probably expanded as far as they can in the short to medium term, this has created a limited number of properties in the market. This is another element to the often volatile nature of the market, with prices powering ahead when buyers appear, and prices dropping when buying interest dries up. |