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Australia Property Investment For Sale

 

"A high standard of living, laid back lifestyle, booming
tourist industry and resilient economy”

 

Australia is an internationally strong country with a thriving economy and has the justified reputation as being one of the world’s most attractive places to live based on its excellent standard of living, good weather, healthcare, education, infrastructure, civil rights, healthy outdoors lifestyle and low unemployment.  It is no surprise then that thousands of immigrants and tourists are attracted here every year. 

When other countries worldwide floundered as a result of the international financial crisis, Australia bucked the trend and continued to grow helped by the thriving mining industry and huge demand for iron ore, coal and natural gas from Asia and particularly China.  The mining boom has resulted in occupancy levels, house prices and rental rates being high in many areas although with Australia being such a huge and diverse nation prices and opportunities vary from area to area.

The cosmopolitan cities of Australia lie along its east coast and although they may appear obvious areas for investment demand here is high – especially for coastal property.  Good cities to consider are Sydney, Adelaide, Melbourne, Brisbane and Perth although buying in Australia as a foreigner is carefully mitigated and each case is reviewed on an individual basis by the Foreign Investment Review Board.
 

Country Guide

Geography

The only country to have its own continent, Australia is the sixth largest country and the biggest island in the world.  Situated in South East Asia, it is extremely diverse with park lands, beaches, rainforests and major cities. The country generally consists of low lying land and the vast coastline of Australia offers some stunning beaches and reefs which attract high numbers of tourists each year. Due to its strategic location the country is home to some distinctive plants and animals that cannot be found anywhere else in the world.

Government

Australia has a federal parliamentary democracy which gained independence from the United Kingdom in 1901. The country is still an active member of the Commonwealth with Elizabeth II as the head of state, while the Prime Minister is the head of government. Each of the six states of Australia has their own legislative, executive and judicial systems and the legal system is based on the English common law. The national holiday is Australia Day which is celebrated on 26th January.

Language

English 79.1%, Chinese 2.1%, Italian 1.9%, other 11.1%, unspecified 5.8%

Standard of Living

Australia enjoys a very high standard of living with good education and healthcare systems and a  reliable infrastructure. The country is less crowded than most and the Australian way of life is very laid back.

Principle Towns

Canberra is the capital of Australia although most of the population lives in Sydney and Melbourne.

Country Economy

Australia is an independent country with a strong economy. Rich in natural resources, the country produces almost all of its foodstuffs, and is a major exporter of agricultural goods such as wool, livestock, wheat and minerals. The economy relies heavily on trade to remain stable, but with its location so far from other well populated countries, the government is trying to improve other sectors so the economy isn't solely reliant on one source of income. The economy has seen an extra boost from the expansion of the natural resources mining industry and the service sector which includes tourism, education and financial services. Australia's largest export markets are Japan, China, the US, South Korea and New Zealand

Key Industries:

Australia has a very good trading industry with manufactured products, metals, minerals, coal, gold, meat, wool, iron ore, alumina, wheat and transport equipment as some of the country's main exports. 

 

Hotspots

Sydney

Sydney is the largest and most financially significant city in Australia. It has a growing reputation which is attracting more and more tourists each year. Sydney is a sophisticated city with a great deal to offer its visitors, such as wildlife parks and sanctuaries, numerious eateries and drinking establishments and many stunning beaches. Darling Harbour is one of Sydney's busiest hotspots offering a range of activities, restaurants, museums and shopping facilities.

Sydney is currently being promoted as one of the next big international shopping destinations. In the same vein as London, New York and Paris, the city is increasingly becoming known for its wide variety of clothing stores. The city also hosts many festivals, large and small, with something to appeal to almost everyone.

Sydney has the highest average income in the country and is one of the most expensive areas to live in Australia, it is relatively cheap to rent here, and demand is high for these properties. 

Melbourne

The second largest city in Australia and the cultural capital of the country, Melbourne celebrates its diversity with several art galleries, festivals, live music and a great selection of food and drink. It is another cosmopolitan city, slightly smaller than Sydney, and is often referred to as the sporting and cultural capital of the state of Victoria. The city centre is renowned for its energy and lifestyle and it is a perfect place to stroll and experience the variety of culture that is present here. The Docklands is a new precinct with several shops, bars and restaurants and is currently a very popular tourist interest. St Kilda is the beachside suburb of the city with several parks, gardens, beaches and museums and the area becomes very busy with tourists during the summer months.

Darwin

Also known as 'the gateway to Asia', Darwin is a multicultural city which is most commonly known for its sunshine, beaches and lively nightlife. The wet season between November and April doesn't attract many tourists, so from May until October is the busiest season. Darwin offers many museums, galleries and parks to visit, or the opportunity to spend the day on some good beaches enjoying different water sports. The city also offers several historic sites to visit and many sightseeing opportunities. Many backpackers use Darwin as a base, in order to travel to nearby attractions such as Kakadu and Litchfield national parks.

Brisbane

As the third largest city, Brisbane is one of the fastest growing cities in Australia and is also the capital of the Queensland region. Brisbane is extremely diverse with areas of parkland, an artificial beach, and several high rise buildings and skyscrapers. The Gold Coast is situated between Brisbane and the New South Wales border and boasts some spectacular beaches which have proven to be a very popular tourist destination especially for water sports. With a relaxed atmosphere and friendly people, Brisbane is a perfect holiday destination for families or travellers.

Perth

The capital of Western Australia, Perth is a modern city with most of the western population living in and around the city. Situated along the Swan River, Perth has several famous landmarks. The Perth Mint is an historic heritage building that attracts not only tourists but also locals. Kings Park is 1,000 acres, making it ideal for walks, picnics and relaxing and is home to numerous diverse species of animals and birds. There are beaches near the city that are easily accessible and are particularly popular with tourists.
 

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