Why Invest Here?
Australia’s property market has a proven record of stable prices.
What’s the big difference between Australia and other property markets?
- Around 70% of Australian households are home owners so there is relatively little speculation
- The 2007/09 Global Financial Crisis which saw property prices in the UK and USA fall significantly, Australian property prices actually increased in value
Consistant growth performance
Australian properties have enjoyed consistent capital growth over the last 100 years, with property prices doubling roughly every 7 to 10 years. One of the reasons behind the growth is Australia’s chronic housing shortage in many of the major cities. The population is growing at a rate much faster than dwellings are being constructed. The main cap on housing prices is in fact affordability. Prices have largely risen in line with the market’s ability to pay for housing.
Australia is a great place to live
Australia is well known for its diverse international cities and breathtaking natural beauty, good governance, food, health care and schooling.
West Australian property prices represent some of the best value ever seen in recent history, so don’t miss out!
Investors can buy residential or commercial propertys
Unlike many other countries, Australia has fewer limitations on overseas property investors.
Its easier to invest in Australia than many other countries
Many countries have very restrictive foreign investment laws or banking regulations that make it difficult to invest. This isn’t the case in Australia:
- You don’t need to set up a company in Australia or buy with a citizen
- Government approval for foreign investors is simple and inexpensive. Read about the rules below
- Specialist mortgage brokers can assist you to obtain finance
- There’s strong and effective consumer protection legislation in Australia through the National Consumer Credit Protection Act 2009 (NCCP Act)
The professionals that can make things a lot easier:
You’ll need a conveyancer or a solicitor to take care of the legal work for you. Their job is to complete searches on the property, manage the transfer of ownership and review the contract before you sign it.
You don’t need to appoint an accountant but there are a few benefits in having one. Your accountant can help you structure your financials and save you money on tax because they are on Australian tax legislation. If you’d like to set up Australian companies or trusts to hold your investment, then you’ll need an accountant.
A buyers agent is also very useful if you’re located overseas and can’t physically inspect the property you’re buying. The main job of a buyer’s agent is to source the property and negotiate a great deal on your behalf. They’ll deal with the real estate agents for you and ensure that the property you’re buying represents a good opportunity. Your buyer’s agent must be licensed and have some presence in the state that you’re buying a property in. Keep in mind that a buyer’s agent should give independent and objective advice: they shouldn’t be selling his/her own properties. Some buyer’s agents will charge a fixed fee, while some other will charge an upfront fee as well as a percentage of the purchase price of the property. A true buyers agent will not earn any commission from the seller so, if they are, they are working for the seller and not for you! We can put you in touch with some reputable buyers agents if you need assistance.
Financial and Property Investment Advisors
Getting help with what is the best way to invest to suit your own personal objectives and not just being sold something on the shelf can make all the difference to you achieving your goals.
Business Migration Advisor
SFR Property Professionals with the help of SFR Advisory Group is here to help. Take the hassle out of what can be a complex transaction.
If you would like to know more please speak to one of our friendly team on 9220 5200 or use our Enquiry Form and we can call you.