Foreign Investment in Residential Land in Australia
Why Invest in Australia?
Foreign investment in residential land has become increasingly popular in Australia. With its stable economy, strong property market, and attractive investment opportunities, Victoria has emerged as a prime destination for foreign investors. In this article, we will explore the benefits of foreign property investment in Australia, including the ease of investing, the potential for high returns, and the various investment options available.
The Ease of Investing in Residential Land in Australia
Investing in residential land in Australia is a straightforward process for foreign investors. The Australian government welcomes foreign investment and has established regulations to facilitate the process. According to the Foreign Investment Review Board (FIRB), non-residents can invest in new and pre-construction residential developments, providing they adhere to the guidelines set out by the board. This allows foreign investors to participate in the lucrative Australian property market and diversify their investment portfolios.
Potential for High Returns
One of the primary reasons foreign investors are attracted to residential land investment in Australia is the potential for high returns. The Australian property market has a strong track record of performance, with properties in major cities experiencing impressive capital growth year after year. According to a recent real estate group survey, houses in major Australian cities have recorded an average of 6.8% capital growth year-on-year, while apartments have seen a substantial 21.9% growth (as of April 2022). These figures highlight the profitability of investing in residential land in Australia and the potential for significant returns on investment.
Transparency in the Australian Real Estate Market
Australia is renowned for its transparent real estate market, making it an appealing destination for foreign investors. The country consistently ranks highly in the Global Real Estate Transparency Index, which assesses the transparency of real estate markets worldwide. Australia's strong performance in areas such as investment performance, market fundamentals, regulatory environment, and sustainability transparency has earned it the reputation of having one of the most transparent property markets globally. This transparency provides foreign investors with confidence and peace of mind when investing in residential land in Victoria, Australia.
Top Countries Investing in Australian Real Estate
Australia attracts foreign investment from a diverse range of countries. Some of the top sources of foreign investment include the United States, the United Kingdom, Japan, China, Hong Kong, and Singapore. These countries recognize the potential for high returns and stability offered by the Australian property market. The United States, in particular, dominates the foreign investment market in Australia, with significant investments in both residential and commercial properties. The UK follows closely behind, with many British expats taking advantage of the ease of relocation and the similarity in culture when investing in Australian real estate. Japan and China also have a strong presence in the Australian property market, with long-standing trade partnerships and significant foreign direct investment.
Investment Options for Foreign Investors
Foreign investors have a range of investment options available to them in the Australian residential property market. Non-residents can invest in new and pre-construction residential developments, providing an opportunity to capitalize on the strong growth potential of emerging properties. Established houses, however, are not available for foreign investment. Additionally, foreign investors can apply for finance to purchase Australian real estate, with many Australian banks and non-bank lenders willing to consider loan applications from non-residents.
Residential Property Investment Options
Foreign investors can choose from a variety of residential property investment options in Australia. These options include:
- New Dwellings: Investing in new residential developments allows foreign investors to capitalize on the potential for high returns and benefit from the growth of emerging properties.
- Pre-Construction Properties: Investing in pre-construction properties provides an opportunity to secure properties at a lower price point and potentially benefit from capital appreciation as the development progresses.
- Off-the-Plan Properties: Investing in off-the-plan properties allows foreign investors to secure properties before they are completed, often at a discounted price. This can be an attractive option for investors looking to enter the market early and take advantage of potential capital growth.
Why invest in Sunbury
Sunbury is a thriving residential area in Northwest of Melbourne – 38 km from Melbourne CBD. Sunbury identified is one of the best-growing residential communities in Melbourne and growing 700+ residences every year.
Sunbury Growth at Glance
- Sunbury currently has. 16,000 dwellings.
- Growing at around 700 lots per annum.
- key growth areas – Sunbury South, Lancefield Rd PSP, Sunbury South.
The Lancefield Road PSP
8,000 homes to accommodate a 22,000 people.
The precinct masterplan has
- Two (2) new local town centres
- New train station to the north of Sunbury
- Two Primary & two high schools
- Proposed TAFE/Hospital
- Sporting fields and community facilities.
- Regional parklands along Jacksons Creek, as well as a Jacksons Creek road crossing.
Conclusion
Foreign investment in residential land in Australia, offers numerous benefits for investors. The ease of investing, potential for high returns, transparency in the real estate market, and diverse investment options make Australia an attractive destination for foreign investors. With the reopening of Australia's borders and the loosening of restrictions, the forecast for an injection of overseas capital in 2022 and 2023 is promising.
Sunbury Hills Living, is a project by Mac Castles, presents a unique investment opportunity in a prime location. By considering foreign investment in residential land in Victoria, investors can diversify their portfolios and secure rewarding opportunities in the Australian property market.
Why invest with Mac Castles
- Providing opportunity for Pakistani to invest in very strong & investor friendly market.
- Benefits to investors:
- Possibility of Australian visit visa.
- Possibility of investor based migration.
- Possibility of settling family through student visa.
Sunbury Hills Living - An Attractive Investment Opportunity
Sunbury Hills Living - Victoria is a project by MacCastles, who are the pioneers in the business of Land development and consulting. It is going to be a haven on earth. One of the most prime locations in Australia, it is only around 38 minutes from Melbourne and a mere 2.5 km to the new train station. Not only this but also a 15-minute drive to the airport. The location is as perfect and feasible as it can get. Mac Castles has done a lot of planning and thinking to select a prime location for this project.
Sunbury Hills Living not only offers a prime location but also the promise of an upscale lifestyle. In terms of hobbies and recreation. The development sports many new sporting fields as well community facilities that are being fed by multi-million dollar investments. Just within four minutes, reach is a fully functional and equipped golf course as well as a recreation reserve. Other than the land development of the region, this project will help uplift the entire region and establish it as a well-developed land with all the facilities.
The rehabilitation of the region costs millions, with two new primary as well as secondary schools in the pipeline as well as a new hospital all within a 2 kilometers range along with TAFE. This will result in a significant economic region. Two huge town centers and multiple convenience stores will cover all the shopping needs of the people. The place will present a true sense of community living with community nodes providing daily needs and a diversity being seen.
With the expertise and planning of Mac Castles behind it, this project aims to be an important one for potential customers. The land will be starting from a price of A$353,000 with a 40% down payment at signing, and a time of four years for balance payment. With no hidden development charges and flat, even land, as well as an approved PSP, this place will attract many of those with a dream of owning their own homes.
Project Layout
Affordable Housing Land for Sale
Our reputation is key, so we create places we can be proud of with an approach of excellence in design and quality around these spectacular views. we never fail to incorporate family-centered lifestyle with fine architecture, state-of-the-art security, high return on investment and much more. A cohesive approach is taken with our communities and authorities.
Our new property developments in Australia have got you covered and are a great opportunity to purchase off plan. The payment plan is customized according to the customer’s request. The down payment includes 20% deposit only for customer’s feasibility.
Mac castle provides a 360-degree end to end property service that brings insights from investors, renters, landlords, buyers and enables it to prosper more than ever.
Project Summary
Community Plan
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Please fill in the form below to enquire or call +61 403 961 754 to contact our sales representative for Sunbury Hills Living.