Australia is considered a country which catches many eyeballs, not now but since long because of its ultimate way of lifestyle, culture and food. Apart from it, Australia has emerged as a big name in the field of Real Estate too. A few years ago, when the whole world faced financial crisis, people changed their mind and started to do investment in US instead of Australia.
This financial crisis brought a dearth to Australian Real Estate. But after some time, Australia come over it. In Australia, Atlanta, Florida and Las Vegas were among the list of considered best to investment. We are not only saying this, but Australian Financial Review reveals the same. HIA which stands for Housing Industry Association unveils that real estate contributes a big chunk of AU$70 to the Australian Economy.
If you are looking to indulge in the real estate business in Australia then you have to think twice before taking steps since you have to obtain license for it. Having required degree and training is quite essential to the aspirant who want to apply for a Licence. Once you complete all these, you become one step close to gain it. To apply, you have to visit Queensland Government Pages and then click download the application. The whole process will take four to six weeks to complete.
Being a real estate agent, it’s must to keep an eye over the market. Social Media can play a major role to grab the golden opportunities. In 2014, house prices were lifted up by 6.8% in eight major cities of Australia like Sydney, Melbourne, Brisbane, Adelaide, Hobart, Perth, Canberra etc. Buying house was quite expensive in Sydney. According to Annual Demographia International Housing Affordability Survey, Australia comes third as a most unaffordable major market. After Vancouver and Hong Kong, Sydney is considered as a seriously unaffordable place.
On the other hand Brisbane and Melbourne serve you a big opportunity with lower rental growth. If you are looking to buy home in Australia then you must think twice while if you are looking for investment or wish to become part of this high end market then it would be right. If you some valuable feedback regarding this subject, then don’t forget to share with us.