Emigrants tempted by Australia prospects

Those thinking of buying a new home in Australia may include many Britons who have decided to escape the recession for a new life down under, it has been stated.

In a Guardian feature on emigration, property businessman Tony Mercer stated that his family's move from the Wirral to the country - with their city of choice being South Australian capital Adelaide - should see better rewards for the effort they will put in.

"My expectation is that Australia is a land of opportunities where hard work will be recognised in a way that I think it is taken for granted here," he commented.

The paper noted that South Australia has been the best-performing state economy in the country.

People who buy in Adelaide should see their house prices rise substantially, according to recent research.

The BIS Schrapnel Residential Property Prospects report predicted that the next three years could see homes there rise in value by as much as 19 per cent.

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