The Australian Investment Centre assists investors to purchase property

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Helping you to buy your property

We help you to purchase properties that meet your criteria and negotiate price and terms so that you get the best deal possible. Our services allow investors to buy in the Sydney and regional NSW markets.
Other ways we can helpBuyers agent benefits
Buyers Agent
AIC will work for you to find the best properties matching your specific needs.

Project Management
We can help manage your projects with market leading service providers.

Joint Venture register
Are you a developer or do you have capital to invest? Join our joint venture register and become part of our network.
 We save you time. Our agents are on the phone and on the road searching for your property while you are free to attend to other commitments.

We negotiate on your behalf. We will fight for the best price and best terms possible.

We have excellent insight into property markets in NSW. Our databases, network, resource material and knowledge ensure that you do not pay too much for your investment.

We can represent you at auction.

This page is intended to provide the viewer with a quick snapshot of real estate and investment information in Australia. Facts and statistics will be provided in point form so that information can be ascertained at speed. AIC provides the source and date of the information next to each entry.

FACTS

Australian Economic Information
  • The current Reserve Bank of Australia (RBA) cash rate is 7.25% (AFR 1/4/08).
  • Currency rates - AUD$/US$ $0.9016, AUD$/Euro $0.6210 (AFR 8/2/08)
  • Dwelling stock deficiency as at June 07 in Australia is at 60.2% (AFR 22/10/07). It is estimated that this will increase to 98.5% by June 08.
  • The average salary of an Australian wage earner is $53 940 (SMH 13/14 May 07 p 27)
  • Australia represents approximately 2% of the world's economic wealth through its stockmarket
  • Australia has a population of 21 million people. The nation has recently experienced the biggest population increase in 4 decades. In the Financial Year 06-07, Australia experienced a growth rate of 1.5% (315 700 more people), the highest level in 20 years. The world average was 1.2% for the same period. (AFR 5/12/07 p7)

Foreign Ownership
  • Foreigners may purchase real estate in Australia subject to conditions (FIRB website)
  • Foreigners (except NZ citizens) must have Foreign Investment Review Board (FIRB) authorisation prior to purchasing property if their ownership stake is 15% or greater (FIRB website). (AIC can assist foreign investors by facilitating all requests to purchase through the FIRB)
  • Foreigners may purchase new developments or those under construction in addition to rural land classified as residential and hobby farms (FIRB website)
  • Foreigners who wish to invest in Australia can access the FIRB website for more information www.firb.gov.au (you can access this website directly from our home page)


PROPERTY STATISTICS

Australia
  • House prices rose nationally by 12% in the 12 months to September 2007 (AFR 1/11/07 p54)
  • The median house price for Australia in January 2008 was $494 788, rising $60 000 in the last 12 months (API 4/08)
  • 36.2% is home loan affordability in Australia (Smart Investor Magazine 10/07).
  • BIS Shrapnel estimates that Australia will need approximately 100 000 new homes to accommodate record migration by June 08 (AFR 22/10/07)
  • On average, Australians spent $338 a week on mortgage repayments (20% of average gross income) in FY 05/06 (AFR 1/11/07 p54 from ABS)
  • Australian Listed Property Trusts in the commercial and residential sectors have returned 17-20% and 15-17% respectively in the last 12 months to Sep 2007 (Money Magazine, Issue 97 p 60)

NSW
  • NSW occupies over 10% of the Australian continent and is home to around one third of Australia's population. Sydney is the state capital with over 4.1 million people. In 2006, the population in NSW was over six and a half million. (ABS website)
  • Sydney's median house price is $574 000, up 7.8% in the year to Jan 08. Median unit price $425 000, up 9.8% year to Jan 08 (API 4/08)
  • A BIS Shrapnel Report, Residential Property Prospects, 2007-2010 states that property prices in Sydney could increase by 8% from 07 to 2010
  • A BIS Shrapnel Report, Residential Property Prospects, 2007-2010 states that property prices in Newcastle and Wollongong could increase by 13% and 11% respectively from 07 to 2010
  • Dwelling stock deficiency as at June 07 is at 21.9% (AFR 22/10/07)
  • The median Sydney house price has risen more than 70% in the past 6 years (SMH 13/14 May 07 p27)
  • There are now over 100 suburbs with a median price over $1 million in Sydney (Money Magazine, Issue 97 p61)
  • The average Sydney worker earns approximately $60 000 a year (SMH 13/14 May 07 p 27)
  • Sydney rents may keep rising up to 35% by 2010 (AFR 30/10/07 p 54)
  • The median price has increased 27.7% and 20% respectively in the Eastern suburbs and Lower Northern Sydney over the past 4 years (Sunday Telegraph 10/11/07 p13)
  • Houses located in Tregear and Lethbridge Park are Sydney's cheapest with a median sale price of $200 000. (Sunday Telegraph 10/11/07 p13)

Victoria
  • A BIS Shrapnel Report, Residential Property Prospects, 2007-2010 states that property prices in Melbourne could increase by 18% from 07 to 2010
  • The median house price for Melbourne is $456 000, up 21.9 % in the last 12 months to Jan 08 (API 4/08)
  • Unit prices in Melbourne jumped 9.5% in the year to 30 Sep 07 (Money Magazine, Issue 97, p61)
  • Dwelling stock deficiency as at June 07 is at 13.6% (AFR 22/10/07)
  • The rental vacancy rate for Melbourne has hit a 25 year low of 1.2% in September 07 (AFR 26/Oct/07 p9)
  • The residential vacancy rate for suburbs within 10 km of the CBD was 0.7% in February compared with 1.4% at the same time last year (AFR 16/4/07 p 57)
  • Melbourne is the fastest growing capital in Australia with 1000 new residents arriving every week (AFR 26/10/07 from REIVic)
  • Melbourne rents increased 1.4% in the September quarter, the biggest quarterly increase since June 1996 (AFR 26/10/07)

Queensland
  • A BIS Shrapnel Report, Residential Property Prospects, 2007-2010 states that property prices in Brisbane could increase by 22% from 07 to 2010, this is the strongest of any of Australia's capital cities. (Money Magazine, Issue 97)
  • Dwelling stock deficiency as at June 07 is at 21.1% (AFR 22/10/07)
  • House prices in Brisbane rose 22.4% in the year to Jan 08 with the median house price at $464 000 (API 4/08)
  • The median house price in Townsville increased 23% in the year to June 07 to $340 000 (AFR 22/10/07 from PRDnationwide)
  • Hervey Bay is one of 2 fastest growing towns in Australia with an annual population increase of 5% per annum (API Oct 07 p 83)
  • From 2001 to 2006, Qld had the highest population growth of all Australia's states with 2.2%. The Australian average was 1.2% (Midwood Qld Investment Report 2007)
  • Qld had the second lowest unemployment rate compared to Australia's other states with 3.7%. (Midwood Qld Investment Report 2007)
  • Almost a third of all full time jobs in Australia are created in Qld (Money Magazine, Issue 97, p 62)

Western Australia
  • House prices in Perth rose .6% in the year to Jan 08 (API 4/08)
  • The median house price for Perth is $508 000 (API 4/08)
  • Bunbury is one of 2 fastest growing towns in Australia with an annual population increase of 5% per annum (API Oct 07 p 83)
  • WA had the lowest unemployment rate in Australia with 2.7% (Midwood Qld Investment Report 2007)
  • Perth is predicted to have the lowest capital growth out of all the capital cities in Australia up to mid 2010 with 8-14% (Money Magazine, Sourced through Matusik Property Insights, issue 97)


South Australia
  • House prices in Adelaide rose 26.3% in the year to Jan 08 (API 4/08)
  • The median house price for Adelaide for the September quarter was $3417 000 (API 4/08)
  • The estimated growth rate for Adelaide house prices is 18-24% up to mid 2010 (Money Magazine sourced from Matusik Property Insights, Issue 97, p62)
  • The rental vacancy rate for Adelaide was 1.47% for the September quarter (REISA Market update Sep 07)


Tasmania
  • Hobart median house growth was 9.7% in the year to Aug 07 (AFR)
  • $317 000 is the median house price for Hobart in the month of September 2007 (REIT September quarterly 2007)
  • The estimated growth rate for Hobart house prices is 24-30% up to mid 2010 (Money Magazine sourced from Matusik Property Insights, Issue 97, p62)
  • 37% of property purchases in Tasmania for the September quarter were purchased as investment properties (REIT September quarterly 2007)

Northern Territory
  • House prices in Darwin rose 15.1% in the year to Jan 08 (API 4/08)
  • The median house price for Darwin is $414 000
  • The median house price for Darwin has climbed 15 out of 16 quarters reported the Darwin Residential Research Report from Colliers. (API Oct 07 p20)
  • The estimated growth rate for Darwin house prices is 18-24% up to mid 2010 (Money Magazine sourced from Matusik Property Insights, Issue 97, p62)
  • Darwin's median unit growth was 50% in the year to 31May 07 - 378 units sold (API Aug 07 p 129)
  • Parap's median unit growth was 144% in the year to 31May 07 - 126 units sold (API Aug 07 p 129)

ACT/Canberra
  • House prices in Canberra rose 17.2% in the year to Jan 08 (API 4/08)
  • The median house price for Canberra is $514 000 (API 4/08)
  • The estimated growth rate for Canberra house prices is 21-27% up to mid 2010 (Money Magazine sourced from Matusik Property Insights, Issue 97, p62)


AIC PRESENTATIONS

Presentation to the French Chamber Of Commerce

Please click here to open.

Market Wrap of real estate in Australia

Find attached a presentation on real estate in Australia and New South Wales prepared by AIC staff. The presentation covers a market wrap around Australia, statistics, profit making strategies, contract considerations and relevant references to further your property education. Please click here to open.

Strategies to Minimise Losses

Please click here to open.

Sydney Market and Negotiation Strategies

Please click here to open.

Glossary
  • AFR = Australian Financial Review. A nationwide daily newspaper specialising in financial news and current affairs in Australia and the world.
  • SMH = Sydney Morning Herald. A daily newspaper distributed across Sydney and New South Wales.
  • SIM = Smart Investor Magazine. A monthly magazine distributed nationwide specialising in financial news, especially the Australian stockmarket and publicly listed companies. It also addresses investment instruments such as stocks, warrants, Contracts For Difference, Superannuation Pension Funds, Options and Managed Funds.
  • API = Australian Property Investor Magazine. A monthly magazine distributed nationwide specialising in real estate news.

Disclaimer

Facts and statistics are believed to be credible and are taken from respected sources. However, AIC cannot guarantee their accuracy and readers are encouraged to make their own enquiries on information presented before proceeding to invest in Australia.