Following our World Cup predictions , which forecast an overall victory for the USA, TheMoveChannel.com follows the FIFA tournament through every stage, highlighting a property Match of the Day.
Australia demolishes Netherlands in today’s property shootout, despite neither being top dog when it comes to property investment.
Australia is a popular destination among expats, particularly Brits, and an increasingly sought-after market for Asian investors thanks to strong capital growth. Indeed, house prices have soared 10.9 per cent year-on-year as of Q1 2014, a rise that places it firmly in the lead compared to the Netherlands’ 2.1 per cent fall in values.
That confidence in the country’s growing values has seen local buyers priced off the property ladder in some locations, but has inspired sellers to put homes on the market: Australia has 21,186 listings on TheMoveChannel.com compared to just four in the Netherlands.
Buyers are flocking to snap up that supply Down Under. In early 2014, demand for Australian property on TheMoveChannel.con rose to record highs as non-EU investors proved how influential they have become in global real estate. The #TMCWorldCup, though, is based on 2013 data, which sees Australia attract a steady 0.19 per cent of enquiries: not insignificant, but not on a par with Spain or America.
Nonetheless, Down Under’s appeal is evident away from TheMoveChannel.com: Google searches for real estate in Oz totalled 1,200 in May 2014. Searches for property in the Netherlands? 50.
The resulting match is textbook demonstration of what happens when a thriving property market clashes with a sleeping one. They may be surprise upsets in the #TMCWorldCup tournament, but this is not one of them.
Enquiries = % of enquiries received on TheMoveChannel.com in 2013
Searches = Number of searches for “property in X” on Google in the month leading up the World Cup
Listings = Number of properties currently listed for sale on TheMoveChannel.com
Price (12m/6m) = House price movement in the last 12 or 6 months, according to the Knight Frank Global House Price Index Q1 2014
Click here for the full statistics.