Australia property Investments
For Hundreds of years, Real Estate in Australia has been a popular investment, making many property investors millionaires. Looking at both Capital growth and yield, property in Australia has averaged a huge 15% return per annum with projections for further growth in the next few years.
One of the main driving factors behind this large scale growth is the Australian Government, encouraging investment in Property in what has become a safe and secure environment to invest in, with financial incentives for foreigners looking to invest in Australian Property.
Australia is widely recognized as one of the world’s leading economies, with Australia being praised by the IMF for its record growth during a global slowdown attributing this level of performance to the highly skilled management of the Australian economy by the Government.
Following 10 years of reform and economic growth, Australia has the ability to weather Global economic downturns with an average annual real GDP growth of 3.3% since 1990 and have exceeded most of the other OECD countries like the USA, Canada, UK, Germany and Japan.