Overseas Property Investors in Australia are good for Local Investors

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Real-Estate in Australia right across the board, and in particular the Residential and Commercial Property sectors stand to benefit from the recent improved business trading figures which have risen to a 2 year high, and which fall in line with the NAB Survey's confidence levels.

These figures combined with the growth in house prices over the past 12 months reflect the strength of Australia's post-mining economy.

China has confirmed its annual growth figure at 7.5% for the December quarter which is down from the 10% plus during the mining boom, and this reflects a more realistic and sustainable level of annual growth and trade.

So this will put the mining sector in a mode of operating in a more traditional supply phase instead of its previous boom-time development phase.

If China continues its demand for Australian iron ore over the next 20 years or so, it can only help in re-balancing the Australian economy.

Australia has seen an unprecedented surge in overseas buyer interest for property and even though the UK, Middle East, Russia and many other countries have graced our shores, the main purchasing power has been from Asia, and mainly from China

Seeing how overseas interest rates are much lower than Australia’s, this makes the transactions very attractive indeed, and particularly now while the Australian dollar is coming down.

So it is inevitable that as this demand grows stronger “and it will” then the price of Australian real–estate in all areas of the property sector, will also inevitably rise with demand.