East Australia’s Cities Are Now Entering a New Property Investment Growth Cycle
Local and international investors are showing renewed interest in the east coast Australian property market as record vacancy rates continue to drive up rental returns.
Property research shows that within the last 5 years, Perth has shown excellent growth but the major cities on the east coast, such as Adelaide, Brisbane, Melbourne and Sydney have been not been so lucky. However, there is now a clear indication that these cities are becoming the countries new property hotspots.
On the whole, Australia’s average returns have been excellent and investment news has shown that direct property investment has outperformed shares on gross return. Property investment has in fact grossed at 10% return per annum and with a very low risk factor property assets are very favourable.
Although the market is near the bottom of the investment cycle there are obvious signs of an upward turn. The last quarter growth figures backed up local media news who have picked up on this growth phase and encouraging people to purchase early.
On the macroeconomic level, Australia is looking very strong in terms of growth, high employment rates and early indications suggest that mid to long term interest rates are very positive. Another factor aiding Australia’s economic growth is the high level of immigration, with over 0.5 million permanent arrivals last year, which all makes for a very prosperous and sound property investment market.
Now the demand for property is outweighing the supply, the previously flat property market is now coming to an end. Reports suggest that in the medium term the development will struggle to keep up with the supply but in turn will raise rental yields and property values which is all good news for the real estate investor. The Australian government encourages not only local but offshore investors, although they have adopted non-resident investment management restrictions. Non-residence finance is available and as the taxation and legal system is very similar to the UK system the whole property investment process is easy to follow and understand for UK property investors.
For more information on other global investment opportunities contact: Obelisk International on 0808 1600670 info@obeliskinternational.com
Or visit our website http://www.obeliskinternational.com/
About Obelisk International
Obelisk International is a real estate investment company providing global investment opportunities that offer security, tangibility, and impressive financial performance. Their service to investors is based upon three main principles: price, profit, and performance.
Property research shows that within the last 5 years, Perth has shown excellent growth but the major cities on the east coast, such as Adelaide, Brisbane, Melbourne and Sydney have been not been so lucky. However, there is now a clear indication that these cities are becoming the countries new property hotspots.
On the whole, Australia’s average returns have been excellent and investment news has shown that direct property investment has outperformed shares on gross return. Property investment has in fact grossed at 10% return per annum and with a very low risk factor property assets are very favourable.
Although the market is near the bottom of the investment cycle there are obvious signs of an upward turn. The last quarter growth figures backed up local media news who have picked up on this growth phase and encouraging people to purchase early.
On the macroeconomic level, Australia is looking very strong in terms of growth, high employment rates and early indications suggest that mid to long term interest rates are very positive. Another factor aiding Australia’s economic growth is the high level of immigration, with over 0.5 million permanent arrivals last year, which all makes for a very prosperous and sound property investment market.
Now the demand for property is outweighing the supply, the previously flat property market is now coming to an end. Reports suggest that in the medium term the development will struggle to keep up with the supply but in turn will raise rental yields and property values which is all good news for the real estate investor. The Australian government encourages not only local but offshore investors, although they have adopted non-resident investment management restrictions. Non-residence finance is available and as the taxation and legal system is very similar to the UK system the whole property investment process is easy to follow and understand for UK property investors.
For more information on other global investment opportunities contact: Obelisk International on 0808 1600670 info@obeliskinternational.com
Or visit our website http://www.obeliskinternational.com/
About Obelisk International
Obelisk International is a real estate investment company providing global investment opportunities that offer security, tangibility, and impressive financial performance. Their service to investors is based upon three main principles: price, profit, and performance.
posted by Chris at 12:43 pm
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