Property Investment in Australia
Australia < Property Investment < Property < Keys To Success Club
Australia has a well established property investment scene and there are some great tax benefits that are not found in other countries.
Here are some pointers for investing in the Australian property market:
1) There are significant differences between the states, both in terms of stage in the property cycles and laws and legislations on a state basis
2) Australia has a small number of large cities and then alot of regional towns; they have very different dynamics so do your research
3) Australia can be very industry focused; the mining boom has had substantial knock on effects for the housing market. Understand the surrounding industries and remember that despite its land size, it is still a small population overall and so you can get rapid shifts
The overall market - August 2008
In the Western world, Australia has proved itself remarkedly resilient; the resources boom has forced increasingly aggressive interest rates which tempered the markets. Alongside strong fundamentals of population growth, the market is postioned to ride the storm overall and when the dust settles and the interest begin to fall there may be some strong growth
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