While Australia’s residential real estate market has reached all-time highs and the government introduced stricter buying regulations, the commercial property market gains more interest from investors.
Investments in office space have accounted for around 80% of total investments by foreigners in the previous decade, with retail properties accounting for a bit more than 10%.
Around a quarter of investors in commercial real estate are foreigners.
While Sydney and Melbourne are considered some of the most important to the APAC economy, smaller cities like Hobart and Adelaide get increasingly more attention.
In this article, we review how you can invest in Australian office space and buildings.
- Can foreigners buy office space in Australia?
- Australia’s Office Market
- Cities to Invest in Office Space
Can foreigners buy office space in Australia?
Australia attracts many residential property investors and primarily in Melbourne, Sydney, and Brisbane. Recently, we’ve also seen a greater uptake in smaller cities like Hobart, the capital of Australia’s island state of Tasmania. Continue reading How to Buy Office Space & Buildings in Australia: The Complete Guide