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Invest in New South Wales Real Estate::

NSW generates more than 35% of Australia’s goods and services and sends more 60% of its exports to Asia, a larger amount than any other Australian State. NSW attracts more...
Why invest in New South Wales?

The First State...


NSW is located in the upper south-east corner of the Australian continent and is the most populous and heavily industrialised State in Australia, with a highly urbanised population. NSW has over 6.5 million residents with 80% of the population concentrated in the metropolitan areas of Sydney and the neighbouring cities of Newcastle and Wollongong.


Sydney is the State capital and is Australia’s largest city with a population of over four million and one of the world’s great seaports. It’s also an important international finance centre with over 550 global companies.


The total area of the State is 802,000 km2 or 10.4% of Australia’s total area.


NSW lies in the temperature zone and the climate is generally free from extremes of heat and cold. The greatest heat is generally experienced in the north–west; the coldest region is the Snowy Mountains. Rainfall varies widely over the state. The basis of the State’s economy is the agricultural and pastoral industries, a broadly based manufacturing sector, ample stocks of coral and highly developed service industries.


NSW generates more than 35% of Australia’s goods and services and sends more 60% of its exports to Asia, a larger amount than any other Australian State. NSW attracts more than a third of all foreign investment into the country. The main public transport services are owned and operated by the State Government and include 13906 km’s of railways, bus services, port and harbour facilities.

 

Why Invest in NSW and Sydney Property?


Sydney is Australia’s largest city with a population of over 4 million. It lies within the NSW state, which has a total population of 6.8 million. It is expected that by 2051 the population of NSW will be 8.7 million, an increase of 30%, of which the majority are expected to move to Sydney.


Sydney is a world class, global city and has been voted on numerous occasions, by many independent bodies, as the number one city in the world. It is Australia’s financial capital with a large number of multi-national companies having their head office in either the Sydney Central Business District (CBD) or one of numerous business parks that have been developed.

Due to the geographical layout of Sydney, land is scarce which assists in providing support for an increase in property prices. Coupled with the fact that the majority of migrants from overseas prefer Sydney as their number one choice to settle, Sydney property prices will have significant support for many decades to come.

What makes Sydney an attractive place to invest in real estate includes its large financial districts, international recognition (helped by the success of the 2000 Olympic Games), land shortages near the CBD and its attractions such as numerous beaches, retail centres, park lands and the Sydney Harbour.

Sydney has established a two-tier market meaning that not all property is likely to increase in value over the short to medium term. There are some areas of Sydney that are likely to see a decrease in value due to mortgage stress. This is why it is critical to thoroughly research the property market before investing as not all property increases at the same time or at the same growth rate.

 

Sydney Median Values Over Time

 

  • House values doubled between January 1980 and August 1987 (Moving from $47,783 to $97,804) - A period of 7.6 years
  • It took another 8.5 years for house values to double again, with the median value moving from $97,800 to $198,000, between August 1987 and March 1996.
  • The next 'doubling period' lasted just 6 years, with the median house value moving from $198,000 in March 1996 to $400,000 in March 2002. (Source: RP Data)
  • Sydney is considered Australia’s most costly city with land prices consistently outpacing inflation. The house and unit prices have recorded continual growth in prices. The annual compounding growth rate over the five years ending September 2004 was 12.1% for houses and 9.1% for units


 

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