Posts tagged ‘Professionals’

March 17, 2011

Real Estate boom in Australia – opportunities for international investors

G’day, yes its official, Australia’s city of Sydney is now the fourth most popular city in the world for international investment according to News.com.au.

2011 has seen money is coming in thick and thin from Asia and Europe and the inward cash surge is stoking up demand for properties in the stylish CBD, North Shor and Eastern Suburb of the city.  Real estate agents are reported to be doing well and are feverishly advertising Australian real estate in Asia and Europe promising investors great deals with built-in security.

News.com.au says that according to CBRE senior managing director of international investments Rick Butler: “…the foreigners are there because they see Australia as safe, secure and actually having growth, which puts us in a much better position than old Europe and the US.”.

[International Real Estate Contributor]