When many investors just entered the Australian real estate market, they got used to using the investment strategy of the Chinese market to measure the Australian real estate market. However, the real situation of Australia and China is quite different. Therefore, it cannot be said that investment with this concept is full of risks.
01
Only focus on a few hot areas
Most Chinese rent a house at first when they came to Australia, and they wait until the right time to buy their own houses. When choosing an area to buy a house, the most common phenomenon is to pay more attention to the area you are familiar with or used to. Inertia is a powerful force. It is understandable to focus on areas that you are familiar with or used to, but habits do not mean the most fit, let alone the best. There are a lot of people only considering one region, but they cannot find their own suitable homes, which results in the waste of a long time and missing the best time to enter the market.
When the real estate market is booming, one year is enough for you to raise your budget by tens or even hundreds of thousands. Even some people have to lower their house standards while increasing their budget. Therefore, it is very necessary to broaden your scope, maybe some less familiar areas will surprise you!
02
There are limitations to the consideration of transportation
One of the most important things to consider when choosing a place to buy a house is public transportation, but many people use trains as a single measure and ignore other transportation, which is not desirable.
Australia's public transport is a comprehensive network of trains, buses, light rail and ferry. Different transportation has different advantages. With the continuous improvement of the public transport network, the differences of various public transport expenses are getting smaller and smaller, and the price advantage of the train will disappear. So as long as traffic is convenient, do not necessarily stick to one single form!
03
Houses are just for living
A house bought in a normal and healthy real estate market can be used not only to live by the owners, but also to make money, and it is safe and effective. Australia's real estate market is different from other countries and has its own unique advantages, including high rental return, relatively small investment, negative tax deduction, significant and regular appreciation effect, permanent property rights, no estate tax, etc. According to your own situation, if you invest several sets of houses with relatively large potential of appreciation, you can also have a good profit under less pressure!
04
Always want to buy when the house price falls
In a normal and healthy real estate market, there is no long-term risk; In other words, the price must be rising in the long term, especially residential buildings (millions of luxury homes have different rules). The population growth rate in Australia is as high as 2%, encouraged by the government to encourage childbirth and attract immigrants. For the situation that the housing supply is already in short supply today, the huge population growth in the future will make the supply and demand of the Australian real estate market more tight, so the price trend of the real estate market in the future will rise.
05
Australian housing prices rise because of the Chinese
Australian real estate is normal and healthy, and the essential reason for the increase is the shortage of supply. It is wrong to think that housing prices rise because of the Chinese. Too many people have expressed similar views. The reason for this mistake is that we understand and are more willing to pay attention to areas where Chinese people are concentrated, and we don't know enough about other areas, which results in a very typical phenomenon of analyzing one problem from single perspective.
The number of Chinese people in Australia accounts for about 2%. Even if using exaggerated assumptions, each Chinese person owns 10 houses, together with the investment of overseas Chinese buyers, it may not be able to have a qualitative impact on the entire Australian real estate market. Therefore, there is a phenomenon that the housing price of individual areas rises because of Chinese people, but it is very wrong to think that the whole Australian real estate price rises due to Chinese people.