Is Australian real estate investment good?

Australian real estate, I simply calculated an account, I can look at it myself and compare it with others.

I compared two similar properties in Sydney and Shanghai.

I. Overview of real estate in the two places

1, Sydney: 800,000 Australian dollars, two bedrooms, two bathrooms and one parking space, with a net area of 75 ~ 100 square meter (indoor and outdoor). The down payment ratio is 10%, the loan amount is 70%(30-year term), and the loan interest rate is 4.95%(30-year term, the floating interest rate of principal and interest, please refer to NAB website). The final entertainment fee shall be paid after the house is handed over (the existing house usually lasts for three months, and the auction house 1.5 to 2 years). Pay back the loan interest after handing over the house.

2. Shanghai: RMB 4 million, two bedrooms and one bathroom, no parking space, with a construction area of 70 square meters (occupancy rate of 80%). The down payment ratio is 35%, the loan amount is 65% (temporarily calculated according to the first suite), and the loan interest rate is 4.9%(30-year term, principal and interest).

Two. Income and expenditure from holding these two properties

Sydney 1:

Down payment: 80 *10% = 80,000 Australian dollars.

Loan: 80 * 70% = 560,000 Australian dollars.

Monthly repayment of principal and interest:

From the NAB website.

If converted into annual debt service, it is: 35,868 Australian dollars.

Rent: The demand in the rental market in Australia is relatively large, and the rent is relatively high. It is not a problem to rent a house of 800 thousand Australian dollars at 650 a week. Then annual income = annual rent = 650 * 52 = A $33,800.

Expenditure-income =35868-33800=2068 Australian dollars, which is about 10505 yuan when converted into RMB. In other words, holding a two-bedroom, two-bath and one-parking apartment in Australia costs 10505 yuan (excluding miscellaneous fees) annually.

2. Shanghai:

Down payment: 4 million * 35% =1.4000 RMB.

Loan: 4 million * 65% = 2.6 million RMB.

Monthly repayment of principal and interest:

Intercepted from 360 searchers' own mortgage calculator. Repay the principal and interest on a monthly basis *** 13798.89 yuan. Annual repayment of principal and interest *** 165586.68 yuan.

Rent: Shanghai currently has a market value of 4 million yuan, and the rent is 4,000 to 5,000 yuan per month. We estimate 6000 yuan per month. Then the annual rental income =6000* 12=72000 yuan.

Expenditure-income =165586.68-72000 = 93586.68 yuan. In other words, the annual repayment cost of owning a two-bedroom apartment with 1 bathroom without parking space in Shanghai is 93,586.68 yuan (excluding miscellaneous fees).

In contrast, I also own a property of about 4 million RMB. Australia 10505 RMB per year, Shanghai 93586.68 RMB per year.

The most important thing is 4 million RMB. I bought an apartment in Australia, which is fully hardcover, net area for sale, permanent property right, 75 to 100 square meter, two bathrooms and a parking space. In Shanghai, I bought a rough house, which was sold in the waters, and the property right was 70 years. 65 to 75 square meters of old public houses, no parking spaces. Stand up and have a look! Hope to adopt