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Mortgages in Australia

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Introducing Australia

Introducing property in Australia

Most Europeans will know someone that has moved to Australia and many more have thought about moving to the warmer shores of the region. It is a viable option for many Europeans and Australia wants more people to take the plunge and emigrate down under . Australia offers a  good quality of life and a lower cost of living plus a country that will a take a lifetime to explore. Many Europeans fed up with cold dark winters find that the major attraction the Australia is the warm climate. Australia provides year-round outdoor living a good range of facilities and amenities in which to enjoy the sunshine. 18,000 Brits make the move to Australi each  year many rent a property before buying a property in Australia.

Australian property market

Real estate in Australia has boomed over the past three years and all the major hotspots from Sydney to Brisbane and Cairns to Melbourne have seen significant rises in overall real estate values. According to the Australian Housing Industry Association the outlook for the Australian housing market is good like all overseas property markets news investing conditions change regularly so check our latest Australian property news

Buying property in Australia

Considering buying property in Australia for investment purposes? or are you relocating down under. Property prices in Australia vary across the continent. However we know your Australian property search will likely be focused on a small and specific area. It may be driven by the investment potential of a particular hotspot, work, family commitments or simply you prefer a certain location. There are two main ways to buy in Australia, the first is at auction, and the second is by making a formal offer on a property and once accepted going down the ‘conventional’ exchange of contracts route .Buying a house Australia information Shelter offshore

Selling home Australian homes owners

We can help sell your home by advertising it to the thousands of buyers who search the internet for a new Australian home

Private sellers sell homes here more info

Australian real estate services--Buyers Agent

Buyer's agents offer two types of services.

  • The full service sees them search out properties meeting their client's criteria and also negotiate the purchase of the property ultimately chosen, whether by private sale or auction.
  • Buyers may also engage buyer's agents purely to bid for them at the auction of a house they have found for themselves.
         

Sell Australian property

Present your Australian house for sale to thousands of our visitors every month .Selling Australian property privately by advertising it with us and our partners is simple .Create your property advert for no charge, pay for your marketing and then upload your advert to millions of potential buyers.

 

Investing in Australian real estate

Australia encourages Australian property investment and has laid down certain rules that benefit Australian and foreign investment in Australian real estate. In fact foreign investors are not restricted to the total dollar value or number Australian property they can own.

Foreign property investors can buy the following Australian property

  • Brand New Under Construction Property
  • "OFF-THE-PLAN" Apartments, Flats, Townhouses, Condos, Units
  • New Property not Previously Occupied
  • Residential Land, Providing a Home is Built Within 12 Months
  • New Homes

Buying Australian real estate as a foreign investor

  • Projects can not be sold out only to overseas buyers.
  • Foreign buyers can not buy , generally, old properties. Upon resale, properties therefore can not be resold to another foreign buyer. No development may sell more than 50 percent of the total to foreign interests.

Getting permission to Invest in Australia

If you are not a permanent resident or citizen of Australia then you have to seek permission to purchase from the Foreign Investment Review Board before you seriously begin your property hunt.  Check out their web site for details of how to apply: - http://www.firb.gov.au/

Australian Housing market

Historical capital growth in the major Australian cities has averaged between 5-10% per annum each year, with rental income usually between 5-8% of the price. Rental occupancy rates are traditionally over 95%, and most properties are Freehold.

Australian economy

Rising output in the domestic economy, robust business and consumer confidence, and rising exports of raw materials and agricultural products are fueling the economy. Australia's emphasis on reforms, low inflation, and growing ties with China are other key factors behind the economy's strength.

source: World Fact book

 

Useful Australian real estate resources

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