For those dreaming of owning property in Australia—whether for comfortable living, retirement planning, or educational opportunities—the market offers compelling options within a budget of 7 to 10 million RMB (approximately $1 to $1.4 million USD). Here’s a closer look at two standout properties in Sydney and Melbourne.
Sydney’s Annandale Place: Urban Convenience with Growth Potential
Located within 5 kilometers of Sydney’s central business district, Annandale Place combines prime location with academic prestige, situated near two world-class universities. The development features duplex apartments and townhouses ranging from 141.5 to 183.5 square meters, all with freehold ownership. Historical data shows a monthly rental yield of approximately 41,205 RMB ($5,700 USD) and a 3.4% annual price appreciation. With a 10% down payment, prices start at 8.99 million RMB ($1.24 million USD), equating to roughly 59,000 RMB ($8,150 USD) per square meter.
Melbourne’s Sapphire by the Garden: A Landmark Investment
Dubbed Melbourne’s "landmark building of the year," Sapphire by the Garden offers apartments spanning 54 to 150 square meters, also with permanent ownership rights. The property boasts a historical monthly rental income of 27,839 RMB ($3,850 USD) and a 2.1% annual price increase. Similarly requiring a 10% deposit, units begin at 8.35 million RMB ($1.15 million USD), with a per-square-meter price of about 70,000 RMB ($9,670 USD).
Why Consider Australian Real Estate?
Australia’s property market attracts buyers with its high quality of life, stable legal framework, and diverse cultural environments. Key advantages include:
- Lifestyle: Access to pristine natural landscapes and vibrant cities.
- Education: Proximity to top-tier schools and universities.
- Investment Stability: Consistent long-term growth in major metropolitan areas.
Prospective buyers should conduct thorough market research, including local regulations and neighborhood trends, to align their investment with personal or financial goals. Whether drawn to Sydney’s dynamic urban life or Melbourne’s cultural richness, Australia offers tailored opportunities for international investors.