How to avoid risks in investing in the Australian property market?

The real estate investor said:

First, ideology is the most important. We should correct our thinking and view, we are investing in the Australian market, not the domestic market, so please invest in the Australian market, do not look at the Australian market with glasses from the domestic market.

Second, identify professionals. We must go to a dentist for tooth extraction, we must go to a barber shop to cut hair, invest in Australian real estate, and we should find an expert in this area. Successful people have their own financial management team, including elites in various industries, who can accurately judge which projects are beneficial and can obtain benefits.

Third, we need to take a holistic approach. Housing selection criteria, we should consider factors such as area, median transaction price, appreciation space, cost performance, rental return, vacancy rate, and future resale, rather than just looking at it casually.

Fourth, buy insurance. Insurance is very important, Australia's major cities are coastal, although Australia has less disastrous weather, but we still have to take precautions, and Australia's insurance industry is very perfect, the best way to deal with this kind of risk is to buy insurance.

Fifth, find a good lawyer. Lawyer, don't underestimate the lawyer's responsibilities when buying a house, every money from the client is put into the lawyer's trust account when buying a house, not directly to the developer, only when each phase is completed, the lawyer will pay your money to the developer, if the developer abandons the house halfway, then he will not get a penny from you.

Sixth, remember to inspect your home. Home inspection, within 7 days after delivery, the customer can inspect the house, if any quality problems, can be raised, the developer will improve, if you do not have time to inspect the house, then you can hire a professional home inspection agency to take you to inspect the house, to ensure that your house is correct. Through the intervention of the above points, you can reduce the risk of overseas investment, so that your investment can truly be "confident".

As far as I know, house prices in many Australian cities have been rising in recent years, and this is the best time to invest in Australian property. Let's talk about how to prevent risks when investing in property in Australia.

Elements of risk prevention when investing in property in Australia:

Clause. First, the rate of appreciation after buying Australian property is uneven. Over time, watching someone else buy an Australian real estate villa or apartment.

After three or four years, the value of Australian real estate has increased by 50%, while the appreciation of your Australian villa or apartment is only 20%, and I am very depressed. To avoid this situation, please remember that as an investment in Australian real estate, the first is the location, and the second is the location. The best option is in one of the radial circles in the central city where Australia Property is located.

In such an area, the property price is reasonable, its appreciation space is high, and the cost performance is the best.

Clause. Second, Australia's major cities are more coastal, so we should pay attention to preventing irresistible natural disasters, although Australia has fewer disastrous weather. The best way to deal with this type of risk is to buy insurance.

Chinese people do not pay much attention to buying insurance in China, once you invest overseas, remember to pay attention to the insurance role of Australian real estate. The insurance rates abroad are very low, but the coverage is very wide, and the claims are strictly regulated from the settlement of claims to the payment, and the protection of the rights and interests of the insurer is the most important.

Clause. Third, individual investors who buy Australian real estate for the first time may accidentally buy a property with hidden dangers due to their lack of experience and lack of approval by a licensed lawyer, which is of course an unfortunate thing, although the probability of this situation is very low, but after all, there is, like the Chinese people smiled bitterly "won the lottery", but if you understand the laws of Australia, maybe you will feel at ease. Because, according to the Australian law, within 7 years after the completion of a property, the builder can be held liable for any quality defect, and the contractor must make remedies or compensation.

Things you need to know before buying a home in Australia:

1. Entrust a lawyer to review the property sales contract;

2. Handle the transaction procedures such as property inspection and repossession;

3. Payment is made through a lawyer's trust account or a supervised property trust account. Through the intervention of the above three points, you can reduce the risk of overseas investment and make your investment truly "confident".

Of course, Australian real estate investment is good, after all, Australia is vast and sparsely populated, so don't rush to invest in real estate, you must take your time steadily.

The prospect of the real estate industry in Australia is relatively good, and the investment in real estate should pay attention to the quality of the house, but also pay attention to the surrounding environment.

In fact, it is good, it is best to invest small and then large, and you must choose a good intermediary and a regular company.

Strictly speaking, investing in most things is risky, but Australian property is relatively stable, and I have bought it.

As long as it is an investment, there are bound to be risks, and you need to be cautious. Australian property investment is no exception. However, as one of the four best investment products in the world (United States, Hong Kong insurance, Singapore**, Australian real estate), Australian real estate is the only real estate investment.

Next, I will talk about the risk points:

1. Loan risk, if there are too many overseas buyers of the invested property, then there will be a loan risk, because the bank has a limit on the number of overseas buyers for a project, generally not more than 30% of all buyers, if it exceeds this ratio, then there will be risks.

2. Rental risk, similarly, if there are too many investment buyers in a place, then the project will be rented out after delivery, but in case the rental market is not so huge, it will lead to an excessively high vacancy rate.

3. The risk of appreciation, as with the previous highlights, if there are too many investors. Under the premise that only loacl buyers can buy second-hand houses, they will not choose to buy projects with too many investors, and the specific reasons are very complicated, for example, too many investors means more tenants, and more tenants mean that the protection of the project will definitely be poor, which will lead to property fees, etc.

But, overall, investing in Australian property is a very good choice! The above risk points can be avoided. How to choose a good location, a good project is the most important!

Investment is risky, and the risk of investing overseas will be even greater, and the safety of funds is the primary consideration. Before returning to invest in Australian real estate, you must have a concept of overseas investment and understand your investment needs;

With these two questions in mind, the next step is the choice of property. In fact, the three principles of investing in real estate are the same all over the world: the first is the location, the second is the location, and the third is the location.

Before investing in overseas real estate, you need to understand your personal needs and investment goals.

1. Is it for rapid value-added or for stable investment returns?

2. Do you understand some basic laws and regulations in Australia, such as the regulations that you cannot buy and sell second-hand houses without Australian identity, and can only invest in first-hand houses or off-plan houses;

3. At present, the Australian loan control is relatively strict, whether there is a demand for loans, or other backup schemes. (For example, it is difficult to get a bank loan now, but there are loans for some customers to allocate related **, etc.).

After considering the above questions, you can choose a specific project. The difference between overseas investment and domestic real estate investment is quite big, after all, the relevant laws and regulations, and the market environment are different. Wanting the same short-term high growth as in China is unlikely in Australia.

If you are looking for long-term stable returns, it is still good to diversify your assets globally.