news

Overseas investors target Oz market

By webmaster

International investors have set their sights on Australian property, one industry pundit has claimed.

Speaking to Smart Property Investment, Australian Property Monitors senior economist Andrew Wilson said Australia was a standout economic performer, which was helping to attract international investors to our shores.

“Last week Australia really led the world in terms of its stock market rally. While other countries suffered, we held our ground. The economic instability across the globe has helped promote Australia as a safe haven for investors,” he said.

“Asian investors in particular are really attracted to brick and mortar investments and Australia’s property market has held up really well in the last few years. We are starting to see more and more Asian investors buy property and I believe this is a trend we will see for some time.”

But while Australia’s property market continues to attract international investors, Mr Wilson said it was also a good time for domestic investors.

“If you have the money to buy, then now is a good time to do it, with property prices near the bottom of the cycle."

Overseas investors target Oz market
SPI logo
Thank you.

Your enquiry has been sent to a local Aussie Mortgage Broker.

We will be in contact with you shortly.
Opps.

error occurred.
Unfortunately Aussie cannot attend to your home loan related enquiry at this stage as you must be a citizen or permanent resident.
Do you need help finding the right loan for your investment?
What Aussie do for you:
  • Give expert mortgage advice to help you find great investment loan deals
  • Help you maximise return by lowering financing costs
  • Save you time and effort by helping with the paperwork
First name
Last name
Location
Mobile Number
Are you an Australian Resident?
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BLUE BAY 49.18%
2.
PAMBULA 43.5%
3.
BERKELEY VALE 42.74%
4.
POINT PIPER 40.52%
5.
NORTH TURRAMURRA 38.12%