Category: Oceania Residential Property Oceania Bungalows

International buyers looking for Australian property tend to focus on higher-value homes compared to domestic buyers. There is a strong demand for luxury boutique apartment projects across most markets, particularly from downsizers who are less affected by the current higher interest rates. Melbourne has emerged as the most popular destination for home buyers, followed by the Gold Coast, Brisbane, Sydney, and Perth, which complete the top five. Coveted suburbs such as Brighton, South Yarra, and Camberwell— all located in Melbourne—are situated in the higher price range.

Both Australia and New Zealand have proposed legislative changes to foster investment in the Build-to-Rent (BtR) sector. New Zealand has experienced a significant increase followed by a more prolonged decline. The volatility of the New Zealand market may be attributed to its relatively small size. Despite this, luxury apartments in iconic developments continue to be a popular choice among overseas buyers. However, it's important to note that such investments carry certain risks, including short-term rental laws, tenancy laws, and property tax policies, as well as global economic uncertainties and borrowing costs.