With ABSD rates rising, some Singaporeans have begun to look abroad for their second or subsequent property investment. One of the more popular countries, which isn’t too far from home, is Australia. This week, we spoke to some investors, as well as an Australian developer, about the key points of investing in Australian property:
Special thanks to Goldbach
Goldbach holds a monthly showcase at the Holiday Inn (Orchard) in Singapore, for Singaporeans interested in Australian property. These events provide current market information, as well as a showcase of their available properties. Goldbach offers a diverse range of property options around Australia.
This is not a sponsored post, and Goldbach’s contribution was assistance with some of the answers below.
A snapshot of the current Australian property market:
Source
We’re told two of the main factors characterising the Australian market today are increased housing demand, and a critical rental market:
“Australia has experienced a consistent demand for housing, driven by population growth, and lack of...