Looking into an offshore property investment during this current economic climate can seem daunting, especially when the Rand is not performing as well and could mean that you are paying a high price for your wealth security. Whether you invest in Australian property today or in months to come, you will always have the upper hand in the long run.
Don’t let your short comings of high currency rates in the present put you off for high returns against a good and stable currency hedge. In other words, look at the benefits of investing in a stronger currency over a long period of time. The short-term disadvantage will be outweighed by the long-term benefits.
Australia is experiencing a Buyer’s market cycle. This means that prices are set at a good rate and that you have quite a bit to choose from. Being a foreign purchaser however, you are limited to what type of property you can secure. Foreign investors are only allowed to purchase pre-construction or newly built residential properties, of which we will be introducing you to a few in strategically positioned areas.
Not only has the Australian property market experienced consistent capital growth over the last 100 years, it has seen property prices doubling every 7 to 10 years. Furthermore, over the last 20 years, Australia has become the fastest growing first-world market in terms of economy, wealth, income and property price growth.
To learn more about the benefits and processes of investing in Australia’s property market, register your interest and gain exclusive insight from our team of experts from South Africa and Australia.