Many of Australia's cities provide excellent opportunities to buy high yielding investment properties. Here are some of the stand-out features that make Australian property a smart and secure choice for overseas investors.
Excellent capital returns in investment property hot-spots.
Last year, apartment prices in Melbourne grew by as much as 19%, while in key areas around Perth returns of up to 30% have been reported in recent years. While these figures are exceptional, Australian property investors can very reasonably expect to achieve solid growth of 7-8%.
Australia consistently welcomes large numbers of migrant to its shores each year. Coupled with rising incomes levels and natural population growth, an environment has been created where demand for housing consistently outstrips supply. The result is consistently rising property prices and increased rental returns for investors.
Australia has a strong historical record of achieving positive GDP, with a rate of economic growth higher than that of most OECD countries. Australia's strength was well demonstrated in 2009, when it was one of the few developed economies to resist recession during the Global Financial Crisis. Australia's close proximity and resources trade with the economies of China and India mean the country is poised to maintain strong growth well into the future.
These are hallmarks of Australia's business and social culture, offering a safe and secure environment for overseas and resident investors alike. Australian investment markets are well regulated, transparent and offer low-risk opportunities for property investment.
Favourable exchange rates against many currencies mean your money's often worth more in Australian property. Property in Australia can often be bought in a second currency, and a lower interest rate than what is offered domestically.
To speak with us at a time that's convenient to you, contact Super Finance about property investment in Australia.
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