Property in Australia is highly sought after and the Australian Government’s approach encourages foreign investment. The fantastic climate and quality of life that Australia offers property purchasers is a great attraction. For the overseas investors you may even choose to relocate to Australia or choose to rent out the property. This investment along with Australia’s solid economic climate encourages the property market and creates a continual demand for quality real estate.
For those who are interested in investing overseas, Australia has opportunities for higher yields and increased diversification. Furthermore, diversifying your investment property portfolio by buying property in countries like Australia can help to cushion you against downturns in any other international markets.
For further information on Foreign Investment please visit the Foreign Investment Review Board web site at: www.firb.gov.au/