Property in Australia tends to be built in towns and cities with vast tracts of land either unused or uninhabited for miles. Australian property also tends to be situated around water, either around inland lakes or rivers or as previously mentioned, by the sea. The value of all Australian property increases dramatically if it’s on the waters edge or has views across water. This is true for all property in Australia, whether it’s in the cooler South or the tropical North. With it’s abundance of space most Australian properties tend to have large gardens and space for the inevitable bar b q areas, yet in more recent years there has been a growing acceptance of taller apartment buildings providing of course they substitute the lack of gardens with fabulous views and the convenience of having one’s Australian property in the city centre.
There is a growing desire among many nationalities to acquire Australian property because of the relaxed outdoor lifestyle that owning a property in Australia provides. Gone are the days after the Second World War when British families were given the opportunity to immigrate to Australia for the princely sum of ten pounds. Nowadays many families would love to buy a property in Australia and go to live and work there; unfortunately the Australian government keeps a strict control on who they allow to take up residence. In recent times it has become easier for foreigners to purchase a property in Australia with a view to establishing a base there in the hope that they may be able to qualify to live in their Australian property one day.
Australian property has proven to be a sound investment over the years providing one adheres to the rules of buying property, i.e. location, location, location and trying to be one step ahead of the rest and foresee which areas and types of property in Australia will be most in demand in the future. As in many countries more and more Australians are buying second homes for holiday use which has led to many Australian property companies locating previously unused stretches of coast, putting in infrastructure and services and building new small towns full of purpose built desirable Australian property.
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