Property on Sale

Why Australia?

Purchasing an investment property in Australia means you can benefit from:

Outstanding Real Estate Performance:

Being one of the most consistent property markets over the last three decades, Australia offers strong secure returns for your investment. Worldwide property has seen a decline in its value over the years however in Australia it has maintained its stability.

Tax Benefits:

Although overseas property investors are liable to pay income tax as well as Capital Gains Tax on their investments, there are some good incentives offered by the Australian government to help reduce the tax burden. These tax incentives are aimed at migrants to help balance Australian income such as salary or retirement income, allowing for a tax-free retirement whenever you relocate to Australia.

Safe Legal Structure:

Australia has a system of Torrens and Old Law Title, with Old Law Title slowly being phased out by Title offices in each state. The legal system protects the interest of landowners and is unable to discriminate against foreign ownership in any way. In addition, the strong consumer laws that govern the standard of construction ensure that you will receive a well built property that will survive for many years.

Better Income Results:

If you simply wish to purchase property in Australia for investment purposes, you can benefit from high rental yield each month. The continuous growth of Australia’s economy and property market has attracted many foreign investors from around the world as there is no shortage of tenants.

Accommodation for Overseas students:

If you intend to educate your children in Australia there would be an advantage to owning property in Australia. Rather than living their on their own they are able to share the house with friends as paying guests. In addition to this the growth in property value helps to recover the costs of education providing your children with a fee free degree.

In 2012 Melbourne was named the world’s most liveable city for the second time in a row, scoring 97.5 per cent
More than 70 per cent of the population live in or within close vicinity to the biggest cities. This ensures the market is centralised and that people compete for property closer to infrastructure.
Larger cities such as Melbourne are consequently suffering from housing shortages as a result of the demand to live in centralised areas.
History shows that the property market in Melbourne doubles in value every seven to 10 years.
Rent in Melbourne is continuing to rise resulting in rental payments beginning to align with the cost of mortgage repayments.
documentation required by legislation will be completed on your behalf;
council rates, water rates and body corporate fees will be paid on your behalf;
qualified and reliable tradespeople are used when required; and
VCAT hearings will be attended on your behalf where necessary.

Sources: Domain and City Of Melbourne