The 5 Best Places to Buy Property in Australia
Australia is known for its friendly people, sandy beaches, the famous Great Barrier Reef, warm temperatures and unique countryside. It is one of the least densely populated countries in the world and there may be no better place than right here to buy property. Cities throughout the country have hit affordable prices and are now seeing positive growth in terms of infrastructure and tourism, meaning that these bargain deals are about to get a whole lot more expensive in the coming year. If you have ever wanted to own a second house, retire here or simply invest; these five places are currently among the best place to buy property in Australia:
If you are looking to buy investment property in Australia, Brisbane has been dubbed the hottest place to do so. One of the reasons is because Sydney and Melbourne are already fairly over-saturated. Although tourism has remained slow in Brisbane in recent years, it is being predicted that these numbers are about to climb, especially with the predicted boom in Chinese tourists.
The boost in Chinese tourists, helped by the falling Australian dollar will bring more tourism workers to this area, who will need somewhere to live, thus making it a great time to invest. Did we mention it’s also absolutely stunning and the warm winters even draw visitors from the cooler areas of Australia?
This Northern city with its tropical climate is a hot spot for foreign tourists, and just happens to be one of the best cities to buy property in. Chinese tourism is about to play a big part in making this city even more popular as its airport is the closest in the country to many major Chinese cities. Cairns also happens to be the main starting point for visitors to the Great Barrier Reef. What this means is a lot of demand for rentals, from both tourists and tourism workers.
Because this city has not seen a lot of development over the past decade, rental demands are at an all time high. On the other hand if you are looking to buy a second home for yourself, as a retirement home or otherwise, this is also the perfect place to do. Surrounded by world-class golf courses, deserted beaches and some of the friendliest people in the country; there really isn’t a reason why everyone shouldn’t invest in property in Cairns.