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Is it expensive to buy a house in Australia? After reading these, you can judge.

Many people may yearn for Australia, even if you haven't been there, but now that the Internet is so developed, you can certainly learn about Australia through many channels. Indeed, Australia has become a favorite country for overseas people, especially Australian real estate. The popularity is not diminished. Why does everyone choose Australian real estate? Here we can look at it through some data.

A new survey shows that Melbourne has surpassed Sydney as the preferred destination for commercial real estate investment in Australia.

According to CBRE's annual Australian investor intention, 37% of Australian investors surveyed said Melbourne was their first choice market, up from 20% last year and 30% in Sydney.

According to BenMartin-Henry of CBRE, Melbourne's strong economic fundamentals have promoted the growth of rents, which is part of the reason why Melbourne has surpassed Sydney to become the preferred investment destination for domestic capital.

Investors said that they expected more business in 20 19.

Martin-Henry said: "Among the investors surveyed, 35% said they planned to sell more assets, and 32% said they would prefer to buy."

The survey also shows that, on a global scale, investors who intend to buy a house outside their home market regard Australia, the United States and the United Kingdom as the first choice for global real estate investment.

China ranks fourth, Japan fifth and Germany sixth.

This year, industry and logistics surpassed office property and became ideal investment fields for Australian investors.

MarkCoster, director of capital markets, said that this is in line with global trends, and the industrial and logistics industries have been ideal investment areas for global investors in the past three years.

Good news is coming to Perth. Perth, the capital of Western Australia, is making a comeback and once again entering the sight of Australian investors.

According to the survey, 65,438+00% of investors nominated Perth as their preferred investment location because "it can achieve a higher rate of return than other markets", while only 2% of investors chose Perth last year.

As investors continue to test Australia's emerging "building rent" asset class, the industry ranks third, ahead of the retail industry.

Among the respondents, 75% said that "asset pricing is on the high side", while 365,438+0% thought that "potential global economic shock" was the primary obstacle faced by real estate investors and a potential threat to the market.

Warm reminder: investment is risky, so be careful when choosing.