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Investors should capitalise on interest in Australia early

Article Date : 10 February 2010       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Investors should capitalise on interest in Australia early

New-found popularity in the Australian property market has to be capitalised on early, according to one property expert.

Robin Wilson, head of overseas at Rightmove, has made the claim after the portal reported a 64 per cent growth in interest, compared to December 2009.

Mr Wilson commented on the figures, saying that due to the distances involved, much of the interest is likely to be from British individuals wanting to emigrate to the country.

He said that this surge means that the first few months of 2010 represent a "critical opportunity" for developers and agents to sell property.

"For developers and agents, the surge in Australian interest is a pressing opportunity which may fade unless you can stand out from the crowd now and help people make the shift from dreaming to actively thinking about a move," he noted.

Australian Property Monitors reported last month that house prices in the country rose by 12.1 per cent over the course of the year, meaning real estate growth is at its strongest since 2003.

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