What Asian buyers want in real estate

Owners of real estate in the higher brackets of the price range are finding it more difficult to move their stock.

Based on a more conservative nature among people when it comes to their finances, the more expensive properties are seeing some stagnation.

But that is likely to change as the federal government rolls out a streamlined visa program whereby those who want to live in Australia quickly can do so if they invest $5 million. The federal government is looking to appeal to the emerging Chinese middle class who have spare cash to spend and Australia can be considered a very appealing place to invest.

And one of those things that they can invest in is Australian real estate.

Ray White has a number of high end real estate properties such as Sydney's eastern suburbs where visa applicants, expected to mostly be from China and other Asian nations, can set up roots in Australia in luxury.

Amenities are a must with high end real estate and Ray White has many listings where the luxuries are ample. A Double Bay property in Sydney is up for sale with a wonderful stone kitchen, five bedrooms and three bathrooms. The suburb is located in a suburb that is known for its safety, shopping and convenience in relation to distance from the CBD of the biggest city in the country.

In Melbourne, a Templestowe property is up for sale with a beautiful five bedroom, five bathroom layout. This gorgeous property is stately in its design and upon entry; viewers can really tell this is something special. With an indoor pool and gourmet kitchen, this property is the best of the best and overseas buyers would certainly be interested if they wished to base themselves in Melbourne.

For those who enjoy more space, a Perth residence offers an eight bedroom house which also encompasses equestrian facilities in the grounds with a dressage arena and stables.

All these properties are examples of what the Asian market might be interested in as a result of the fact they can now more easily access Australia through this visa. And the fact they are required to invest in this country through something like property is a way to boost the high end of the market which is more stagnant in the middle and lower range of the real estate spectrum.

Talk to Ray White Real Estate about how they can facilitate your property needs. Their years of experience and knowledge will ensure that your foray into the market is a successful one - whether you are buying or selling.