Australia is the 11th wealthiest country and 12th largest economy in the world, with consistently strong economic growth and laudable credit worthiness from institutions. The legal and political stability enjoyed by the country has attracted much foreign investment as well. Australia is well-known for its well-connected bilateral ties with Asia, making it as one of the major destinations for business investment. The implementation of multi-year visas boosted the number of leisure travelers and increased demand for serviced apartments.
Australia houses few of the most globally established universities in the world. Australian universities have been found to have enrolled the highest number of international students in the world. This is testament to Australia’s reputation as a global hub for tertiary education. Some notable institutions include the University of Western Australia as well as the University of New South Wales. The demand by these international students have drive the Australia properties investment sentiment.
Australia is home to a series of tourist attractions, such as the Great Barrier Reef, the largest coral reef in the world; Mount Augustus, apparently the largest monolith in the world and some of the tallest mountains in the world. It’s size as a nation gives it a wide variety of landscapes, a tropical forest, mountain ranges and even a desert.