Copyright:Pear Real Estate
In recent years, investment in the Australian real estate market has become extremely hot, which is made up of many factors, such as domestic restrictions on purchases and loans, the risk of the renminbi, and restrictions on CRS policies. These factors have led many high-net-worth individuals to convert their financial assets into real estate and other investments to diversify their risks and achieve high returns.
Recently, Australia's local real estate portal Domain published two global reports: respectively pointed out that Australian real estate performance in terms of capital security and market transparency. Today, Xiaoju (Uhouzz is a good place to live in a foreign land) will give you a detailed analysis of the outstanding performance of these two aspects.
Stable political and economic environment to secure capital security
The US real estate investment authority AFIRE (Overseas Real Estate Investment Association - Association of Foreign in Real Estate) for the 26th survey of global real estate investment: Australia is listed as one of the most stable and safe countries in the 2018 global real estate investment environment.
AFIRE is the world's largest real estate investment agency, with all members managing investment properties worth more than $2 trillion.
The report shows that although Australia is not the best performing country in terms of capital appreciation, it has become the most stable destination for the world's fifth real estate investment with its stable political and economic macro environment.
The top four are: the United States, Germany, Canada, and the United Kingdom.
Angie Zigomanis, head of the survey at the BIS Oxford University Economic Research Institute, said: "The Australian property market is currently functioning well. The data shows that Australia has not experienced a recession for 25 years, and real estate prices in most regions have been very strong.
In addition, Australia's overall political stability is also an important factor in attracting overseas investment. Investors here see investment potential and capital security.
Market "transparency" lays the sustainable development of real estate
In addition, according to Jones Lang LaSalle (JLL) report, Australia's property transparency is ranked second in the world.
The survey involved an overall assessment of factors such as land availability, regulation, transaction processes, housing property rights and the legal environment.
The stability of Australia's economic environment, the transparency of its regulatory and legal systems, and its high standards of ethical governance and industry practices have led to a large influx of investment capital in commercial real estate and residential properties.
The main reason for the high transparency of the Australian property market is that Australia has a very strict and comprehensive legal system to define and protect property rights and provide an open and orderly tendering process compared to other countries.