Demand for homes across Australia is starting to increase, even in smaller mining towns.
The demand for properties in Australia is starting to spread to different regions of the country, with even smaller mining towns seeing an increase in interest.
Considering the best places for overseas investors to buy property in, Brett Alegre-Wood, property investor and founder of Your Property Club, said the mining towns are now proving to be a big attraction.
He suggested looking away from the east coast, as this area has a very high population and many not offer as many good deals, or options for investment.
“Affordability is going up and so therefore demand for housing out in the mining towns is huge,” Mr Alegre-Wood added.
He highlighted that Australia is a good option due to having a good market and the country being politically stable.
Buying a property in Australia could be the plan for some frequent visitors to the country, as the Tourism Association of Australia recently stated Sydney is starting to run low on hotel rooms due to the rising number of visitors.
Written by Ruth Norris
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