Another location that is gaining a higher amount of holiday homes being built every year is the Gold Coast in Australia. Because Australia’s weather is very similar to Thailand’s, there has been a significant increase in the amount of land being purchased around the ocean and beaches in the Gold Coast specifically, but also around Australia as a whole. This could potentially bring a significant boost in the economy of Australia as a whole.
One thing is has begun to do is increase the overall business profits of the building and construction companies around Australia. While the bulk of the work is completed in the Gold Coast, there has been a rise of companies that are willing to subcontract or outright complete works themselves in the Gold Coast and other areas of Australia parallel to the increase of overall projects to be completed.
This is something that is considered divisive now. There is a significant amount of land that is being purchased by foreign currency, and a lot of the land that is being purchased is considered “prime” land. This means that the value of the land itself will significantly increase in value over the next 10 years and will do so at a significant rate.
One company that is great at completing these works is a tiler Adelaide tilling company. They subcontract the aspects of the project that they cannot complete while focusing on the furnishings and fittings of the home itself while the creation is being completed. They also help with the reconstruction and refurbishments of other houses in the area so that the overall property values in the area increase, keeping these investments as long-term wins!
Australia is becoming a hotbed for holiday homes around the world due to its unique location and weather. If you are thinking of purchasing a home here it’ll be better to do it sooner rather than later!