Australia Property

As an investment commodity Australia property just became more attractive; the Australian government has committed to changing the rules relating to the depreciation of fixtures and fittings known as ‘plant items’ and this will have the effect of boosting after tax returns for many property investors.

It’s generally assumed that the changes have been brought in to encourage a spending spree to boost the Australian economy, but for astute property investors who make wise purchases the increase in the depreciation percentage applicable to fixtures and fittings means an opportunity to increase the profit margins derivable from Australia property.

Despite a recent increase in interest rates in Australia, the fact that depreciation percentages have increased from 150% to 200% means that both international and interstate interest in Australia property as an investment commodity remains high and a recent survey by the Institute of Chartered Accountants in Australia confirms this fact.

The survey was conducted by the Institute to test the waters when it comes to property as an ongoing and attractive investment product.  Despite media reports to the contrary, property in Australia remains one of the most desirable investment assets for many Australians.  Over 40% of Northern Australians surveyed advised that they were considering making an investment into real estate in the next ten years with 29% of all Australians surveyed advising that they will make an investment property purchase in the next ten years.

Those least likely to buy Australia property for investment purposes were living in areas where property prices have boomed beyond that which the market can afford and where prices are now stagnant.  According to the Institute of Chartered Accountants the driving factor behind the continued national interest in real estate as a commodity is that property is a far more tangible and understandable asset compared to various investment products, furthermore many homeowners in Australia have witnessed the growth in the underlying value of their own homes therefore they can accept that a property’s capital worth can appreciate.

This factor coupled with the changes to the recent Federal Budget to help property investors generate greater profit through claiming stronger depreciation of items such as kitchen appliances, flooring and window dressings means that even for non-resident investors property in Australia is a very real choice offering great potential for healthy profit and yield margins.

Special Reports: Property News for Australia

Australia Property Buying Process
International investors hoping to purchase real estate in Australia should find the property buying process simple and transparent

Australia Property Buyer’s Guide
An introduction and guide to Australia and its real estate market for property investors and buyers.

Australia Property Investment Facts
The potential for short term property investment profit in Australia is hard to find but many long term opportunities exist.