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After clicking SUBMIT please wait a few seconds and you will be redirected to our Special Reports:
"Is Now The Time to Buy?"
and additional new report:
"The 7 Step System to Buying Australian Property"
Australia also has some of the world's most desirable yet affordable* real estate in the world.
*See World Property Prices here
Three Australian cities feature in the top 10 of the Economist Intelligence Unit’s list of the World's Most Liveable cities.
Melbourne, took the second-place spot, following close behind Vienna’s score. Vienna had taken the top spot from Melbourne last year after Melbourne had an incredible seven consecutive years at No. 1.
Sydney rose three places to take the 3rd position in 2019, after finishing 5th in 2018. Adelaide was the third Australian city to finish in the top ten, in 10th place.
This underlines the high quality of life on offer in the country – an important driver of immigration, tourism, and education.
These rankings also impact property investment because home buyers believe that real estate in highly liveable cities is more likely to gain value over the medium and long terms.
Not one U.S. or British city landed in the top 10 in 2019.
Honolulu scored the highest among U.S. cities, ranking 22nd. Despite being rated highly for culture, New York only ranked 58th. And the best UK city was Manchester, ranked 38th, with London at 48th. Overall, the index remains dominated by medium-sized cities in wealthy countries. These cities have well-funded public healthcare systems, compulsory and high-quality education, and functional road and rail infrastructure.
The provision of these services is assisted by the presence of fully democratic electoral systems and generally low levels of corruption.
Melbourne is often considered to be favoured over Sydney in terms of lifestyle, culture, transport and real estateprices. It's foreign buyer stamp duty at 7% is also one point lower than the New South Wales equivalent.
Sydney, meanwhile, attracts buyers with its iconic landmarks such as the harbour, Harbour Bridge, Opera House and stunning beaches and coastline. The interest in Brisbane and Perth is driven by families with children who are planning to migrate.
Does buying property in Australia help with migration?
See our FAQ on Australian property for this and the answers to other common investing questions.
THE 7 STEPS TO BUYING AUSTRALIAN PROPERTY
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AUSTRALIAN HOUSE PRICES MONTHLY UPDATE
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EACH MONTH WE UPDATE THE HOUSE PRICE INDEX FROM AROUND THE MAJOR AUSTRALIAN CAPITAL CITIES.
WHAT CLIENTS SAY
"Many thanks for the huge advice and assistance you gave us throughout the whole process of locating and securing a home in Sydney.”
Charles C. (Hong Kong)
“Wow, I’m now on my 3rd Australian property through Citýlife. All have been outstanding performers. I really believe in your methods.”
David R. (Malaysia)
"Once again may I extend my heartfelt thanks for all your efforts and honest advice. We could never have got such a good property without Citylife's help"
Janet Ng (Singapore)