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Investment Australia Property, Investment in overseas properties

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innsean
post Sep 19 2016, 10:00 PM

On my way
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Senior Member
555 posts

Joined: Oct 2009


Solid points mentioned here. Just to add, I find that most Australian Properties marketed towards Foreigners / Malaysians are overpriced. Doing an independent research based on actual data would simply reveal that.

Also, the fact that Foreigners are only allowed to buy "off the plan" properties are a major disadvantage. To add matters worst, those that bought Aussie props can only be sold to their local Aussies.

Now, for the big secret... Guaranteed schemes are awesome for the developers because they can give you back your own money as it is typically priced into the property.

All in all, I personally would not invest in Aussie props. Hope that helps thumbsup.gif

This post has been edited by innsean: Sep 19 2016, 10:00 PM

 

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