Real estate buyers may wish to consider transparent Australia

Those thinking of investing in property abroad may wish to consider Australia as the country is the best in terms of providing clear and comprehensive access to data, it has been suggested.

According to the new Jones Lang LaSalle 2010 Global Transparency Index, Australian investors had greater access to fundamental market information than any other nation.

The survey looked into a country's transparency based on five areas, with performance measurement and market fundamentals also among them.

It was determined that those buying property in Australia would find it easier to locate data regarding rents, prices and valuations, with those countries providing the best transparency being the most likely to register greater growth and recovery.

The report said: "The last two years demonstrate how high levels of transparency certainly do not eliminate risks for investors or occupiers.

"However, the real value of transparency should become evident when comparing how quickly markets are able to open up again after a financial crisis."

Meanwhile, real estate transparency continues to improve in the majority of markets, with countries including Turkey and Portugal seeing growth.

Australia is one of the most popular countries among travelling Brits because of a shared language and good weather all-year around, ABTA - The Travel Association noted earlier this year.

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