Australia is a sought after country in the global property market, with millions of people travelling across the continent every year. Now, new data has revealed exactly where non-Australian homeowners are who have property down under.
Australia is a sought after country in the global property market, with millions of people travelling across the continent every year.
People who live here know why it’s a great place to live, and now, new data has revealed where non-Aussies who own property down under are from.
7. Hong Kong
Some 7.4 million people live in Hong Kong, and according to the report, a significant portion of residents have taken interest in Aussie property.
So much so, that the nation has landed at number seven on the list.
A fellow Commonwealth country which many say shares similar values to the Australian way of life, so it’ll come at no surprise that Canadians are big fans of Aussie property.
Canada has landed at number six.
An estimated 50,000 Spanish tourists travel across Australia every year, with roughly 75,000 Aussies touring Spain in reverse.
Spaniards clearly like what they see, with the nation landing at number five on this list.
Though relations with the communist nation have been strained in recent years, that’s apparently not been enough to deter Chinese buyers from purchasing property in Australia.
China has landed at number four on this list.
Though Singapore has a population of just five million, roughly the same as Sydney, they’ve landed at number three on the list, only just narrowly missing the top two.
Just missing out on the top spot is the US, which has landed in second place.
According to The Wealth Report, the US has the highest number of residents who own property in Australia than any other country bar one.
Rounding out the list at number one is the UK.
It will come as no surprise to many that residents of the United Kingdom choose to buy property in Australia, given the close ties the two nations have shared for centuries.