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Australia is comprised of 6 states and 2 territories and has a total land mass of 7.7 million square kilometres. With a population approaching 20 million well educated, affluent people, expansive natural resources, a strong financial sector and good infrastructure, Australia is a stable investment environment and a highly regarded place to live and work.

Australia is the tourist destination of the late twentieth century, preferred by citizens from diverse countries. Wild frontiers, the outback, beaches - nature environment side-by-side with livable cities and a coastline unsurpassed. Australia is the world's largest island continent and Sydney, the largest city in Australia, will host of the 2000 Olympics.

The Australian real estate market is incredibly varied - from residential apartments for less than A$100,000 to major shopping centres, office buildings and industrial estates selling for over $100 million. Income return varies from around 6% net for residential real estate to over 8% for commercial and retail, and from 9-14% for industrial properties. There is, of course, significant variation by state and within cities. The MarketPlace sections has thousands of properties for sale and lease Australia wide and information on recent sales and leases for you to compare.

The residential property sector is booming in terms of both new construction & refurbishment with strong investor and occupier demand. Over-supply, foreshadowed by many analysts, has now started to materialise in terms of decreased building applications and stagnating home prices although there is still much development work in progress and due to be released over the coming year. This will result in residential price declines and a shift by developers away from residential to other property sectors, potentially industrial and CBD office. See the APW Research section for more information on the current state of the Australian property market.

After a number of years of high vacancy in major cities the office market is increasingly tight but good opportunities to lease quality office space for relatively low rentals by world standards are still available. See the APW Research: Commercial section for more details or the MarketPlace: For Lease section for corporate office and industrial property currently available for lease. The industrial market, particularly for warehousing, should experience good growth over the coming year as imports and exports are both expected to increase by over 10%. Industrial property on the market for sale is also available in APW's MarketPlace: For Sale and statistical information is available from APW Research: Industrial. The hotel market is experiencing increasing interest in the run-up to the 2000 Sydney Olympics. There is a wide range of properties currently on the market. See APW's MarketPlace section.