In the last 12 months, Australian house prices are rising at the fastest rate in more than 30 years, and house prices in many cities have broken records. This speed has never been seen in Australia since June 1989.
The total value of the Australian property market has soared 9.1 trillion Australian dollars, or nearly 50 trillion yuan. In just five months, it has increased by 1 trillion Australian dollars (about 5 trillion yuan).
Based on the 6 major development trends analyzed and summarized by professionals, we will take you to penetrate the Australian real estate market in the future.
1. Buyer demand continues to be strong
Last month, the time from listing to closing of Australian real estate in the market has been drastically shortened, setting a record for the fastest real estate sold in five years.
With the gradual opening of Australia's borders, Australia is re-welcoming international students and skilled immigrants, and housing demand will also increase.
If you hold PR or citizenship and are a first-time home buyer, you have the opportunity to apply for first-time homeowner benefits. For detailed application requirements and high-quality Australian housing that meets first-time homeowner benefits, please contact Xingyunhai International for details.
2. Investors return to the market
Among real estate buyers in the first half of this year, first-time home buyers became the main force, mainly driven by many preferential measures from the federal or state governments.
Now that investors re-enter the market, it will further boost housing prices.
3. House prices rose steadily
Although there are many factors that affect the value of real estate, the main factors driving real estate price growth are consumer confidence, low interest rates, economic growth and a favorable supply-demand ratio.
According to the latest data released by the Australian government:
By 2036, the population of Sydney will grow to approximately 6.6 million.
By 2041, NSW is expected to increase an average of more than 100,000 people each year to 10.6 million people.
In the long run, people will continue to see steady growth in housing prices due to strong population growth (demand) and limited supply.
4. Increased demand for "convenient living circles"
More and more buyers are leaning towards more livable "20-minute living circle" properties.
The Doncaster Villa project located in Melbourne, Australia couldn't be more suitable.
The Doncaster villa project is about 10 kilometers away from Melbourne CBD and only about 20 minutes by car. It can directly reach the commercial center, Chinatown, Crown Casino and other living and entertainment facilities.
The surrounding living facilities are complete, and you can meet your fashionable shopping and dining needs at your doorstep. There are many primary and secondary schools nearby, which is a real high-quality prestigious school district! (Please contact Xingyunhai International)
Doncaster Villa Project in Melbourne, Australia
5. High-end real estate outperforms the market
In the first half of this year, it was mainly the high-end market that led the growth of house prices (according to Corelogic, high-end properties mainly refer to the top 25% of the value in the area). However, the price increase rate of real estate in the middle value is also obviously accelerating.
6. Increased demand for "upgrading" properties
During the epidemic, the demand for real estate upgrades in Australia has increased significantly. More investors are seeking to move into large apartments or townhouses that are more suitable for families.
Doncaster Villa Project in Melbourne, Australia
In September 2021, the most popular area for mainland Chinese buyers is Melbourne, followed by Gold Coast and Brisbane.
For buyers from Hong Kong, China, Doncaster East in Melbourne is their "good heart".
Taking into account the needs of asset allocation and identity planning, the first choice for Australian newcomers is to choose a Doncaster villa in the most beautiful and comfortable area of Melbourne.
Want to move to Australia? 188A\188B\188C has a variety of investment methods for you to choose, the minimum investment starts from 200,000 Australian dollars. Welcome to consult with Xingyunhai International, and quickly open the channel to Australia!
Cyprus
Turkey
Saint Kitts and Nevis
Greece
