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Australia Real Estate

On purchasing power parity terms the per capita income of Australia is marginally higher than the UK, France, or Germany. The economy of Australia is booming and it has similarities with the economies of the western countries.

The Commonwealth of Australia is made up of the mainland of the smallest continent of the world, the main island of Tasmania, and some other islands of the Indian, Pacific, and Southern Oceans.The capital of Australia is Canberra, and it is situated in the capital territory of the Commonwealth of Australia. The majority of Australia's population lives in the provincial capitals and the main urban centers like Brisbane, Melbourne, Perth, Adelaide, and Sydney. Sydney has the largest population among all the cities in Australia.

It is worth mentioning that the real estate laws in Australia differ from one state to another. Buying real estate in Australia is quite an easy process now because the Government of Australia has begun offering the "First Home Buyers Grant". Foreign investors are also allowed to buy real estate in Australia, but the selling of the property or land to foreign buyers has to be approved by the Foreign Investment Review Board (FIRB).

The information regarding real estate is available in a large number of magazines published by the local property associations in important states and cities of Australia. Free booklets to property buyers containing important advices are provided by a large number of banks, credit unions, and building societies. Real estate agents in Australia publish free magazines and newspapers which contain information regarding new and old houses. They also provide color prospectuses which contain details of new real estate developments. A large number of real estate websites are also available which provide up-to-date information about properties.

Real estate investment in Australia has been experiencing significant appreciation because Australia is a country which shows a trend of capital growth in a dependable economic and political environment.



Usually, real estate in Australia deals with the following types of houses:
  • Acreage
  • Apartment
  • Villa
  • Townhouses
  • Unit
  • Studio Apartments
  • Commercial/Office
  • Duplex
  • House
  • Residential land
  • Retail
The leading real estate agents in Australia include the following:
  • Century 21 Wilson Pride
  • Thomson
  • Raine & Horne
  • Jensen Estate Agents
  • Finlay Crisp Center
  • Independent Property Group
  • Osspacc Australia
  • Home Matters
  • Asset Realty
  • David Kay First National Real Estate
  • Eco Real Estate Australia
  • K.G. Hurst Real Estate
  • Laing + Simmons Real Estate
  • Moorcroft Partners
  • NSW First National Real Estate
  • Vertical Property Group Pty Ltd
  • Hocking Stuart
  • Karen & Associates Gornalle
  • Nelson Alexander
  • RE/MAX
  • Viviun

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