A World of Opportunity in the Land Down Under
Australia is a wealthy and highly developed country, with the world’s fifth-highest per capita income and 12th-largest economy. All of Australia’s cities fare well in global comparative livability surveys. Melbourne was ranked No. 1 in The Economist’s 2011 and 2012 Most Livable Cities survey, followed by Sydney, Perth and Adelaide in sixth, eighth and ninth place, respectively.
From a real estate perspective, Australia has some of the world’s highest house prices.
Australia has grown at an average rate of 3.6% per year for over 15 years, compared to the OECD average of 2.5 percent. The service sector accounts for about 70% of GDP, including tourism, education and financial services. Australia’s largest export markets are Japan, China, the U.S., South Korea and New Zealand. Because of its abundance of natural resources, Australia is a major exporter of agricultural products, including wheat, wool, minerals, and energy (liquefied natural gas and coal).
Personal Experience in Australia
Having rolled out the expansion in both Australia and New Zealand for the Century 21 brand, I have a keen insight into the market. Australia is a very unique country, with many obstacles and a few pitfalls to avoid.
Because Australia is its own island country, it can be somewhat isolated from other markets, and the way they do real estate is uniquely Australian. The right individual or group could have a major impact on the real estate market with the Keller Williams Realty brand.
Find out more about the country of Australia from Bill, including:
- What Keller Williams Worldwide is looking for in a potential country partner
- Why the Keller Williams Realty story so unique
- How to start the process of finding out if you might be a good match
For more information, fill out the form below and begin a confidential conversation with Bill Hunt.