The investor’s heaven generating double-digit ROI: Australia’s thriving real estate market

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– By Sumiit Gupta

For years, Dubai has been touted as the land of outsized returns for property investors. But in the ever-shifting sands of the global real estate market, a new contender is emerging – Sydney, Australia. While Dubai may boast glitz and glamor, Sydney offers a compelling combination of strong, stable growth, and a secure investment environment, making it a far more attractive option for investors seeking not just high returns, but also peace of mind.

Dubai’s Dizzying Heights and Shifting Sands

Dubai’s property market has a history of boom-and-bust cycles. A surge in oil prices in the early 2000s fuelled a real estate frenzy, with prices skyrocketing. However, the 2008 financial crisis exposed the market’s vulnerabilities, leading to a sharp correction. While Dubai has recovered somewhat, recent reports suggest a softening market, with prices falling in some areas.

Sydney’s Steady Climb and Secure Shores

In contrast, Sydney’s property market has exhibited remarkable resilience. Over the past decade, Sydney dwelling prices have grown by an average of 7.1% per annum, according to CoreLogic. Due to a steady growth in Sydney Real Estate in the last 10 years, the median property prices almost doubled and grew up to 197%. This growth is projected to continue, with experts forecasting Sydney dwelling prices to rise by a further 23% over the next three years.

Sydney’s stability stems from several factors. Australia’s robust economy, underpinned by strong job growth and a stable political climate, fosters a secure environment for investors. Additionally, Sydney’s status as a global financial hub and gateway to Asia continues to attract businesses and migrants, driving demand for housing.

Double-Digit ROI: A Reality in Sydney

With the proper strategy and selection of the right suburb, investors can earn upto 30% or higher ROI per annum on their original investment, making Sydney a dream destination for investors seeking substantial returns.

Beyond ROI: Sydney’s Allure

Sydney’s appeal extends beyond just financial returns. The city boasts a world-class lifestyle with stunning beaches, vibrant culture, and a diverse population. This exceptional quality of life makes Sydney, according to the Economist Intelligence Unit’s Global Liveability Index for 2023, the fourth most liveable city in the world.

Conclusion: Invest with Confidence in Sydney

For investors seeking a secure and lucrative property market, Sydney stands out as a superior alternative to Dubai. With its steady growth, robust economy, and attractive rental yields, Sydney offers the potential for double-digit ROI alongside a world-class lifestyle. So, if you’re looking for an investment that delivers not just financial rewards, but also peace of mind, then look no further than Sydney – the real estate gem Down Under.

(Sumiit Gupta is the Director at Haansal Estate.)

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