Five reasons why Australia is a great place to invest

Ever wonder why so many overseas investors go to so much trouble to buy properties in Australia? It’s because this wonderful country of ours is such a great place to invest.

Here are five reasons why Australia is a great place to be a property investor.

Long-term economic growth

Australia has long been one of the richest countries in the world and is well-placed for ongoing long-term growth.
Our economy has grown by an average of 3.4% per year since 1959, despite the occasional downturn, according to the Australian Bureau of Statistics.

Population growth

Educated professionals from all over the world flock to Australia, which has a positive impact on economic growth and demand for rental accommodation.
Australia’s population is currently growing at a strong 1.6% per year. By comparison, the global population is growing by 1.1%, according to the World Bank.

Political stability

Australia has strong democratic institutions, which gives businesses the confidence to invest and consumers the confidence to spend.
There’s no better sign of our political stability than on the night of federal and state elections. When leaders are defeated, they acknowledge the result and congratulate their opponent – something that happens in only a minority of countries.

Safe and peaceful

Australia is one of the safest countries in the world, and highly unlikely to ever suffer from invasion, civil war or mass crime.
Again, that gives confidence to businesses and consumers.

Lots of markets to choose from

Australia has dozens of potentially viable property markets spread across eight states and territories.

Putting the capital cities to one side, some people might not realise that regional cities like Gold Coast, Newcastle, Central Coast, Sunshine Coast, Wollongong, Geelong, Townsville, Cairns, Toowoomba and Ballarat each have populations above 100,000. Even our 50th biggest community, Nelson Bay, is still quite large at 28,000.

Want to take advantage of Australia’s long-term potential by investing in a quality property? Click the green button below to book a free consultation.