Resicom – Holiday Investment – 04-21 – LB

Queensland a Swimming Investment for Overseas Property Investors

Overseas property investors looking in Queensland put a swimming pool as their top priority when buying a house.

New analysis of data shows ‘swimming pool’ was the most searched term by overseas buyers looking for property in the sunshine state, while ‘air conditioning’ and ‘waterfront’ also made the top 10 list.

According to REA chief economist Nerida Conisbee, a swimming pool is the most common search item across all buyers.

She said: ‘It reflects what people like about Queensland, which is warmer weather, being outdoors and being by the water.’

When it comes to the country of origin for overseas property investors in Queensland, New Zealand was number one, followed by the United Kingdom, the United States, Hong Kong and Canada.

The Philippines, Singapore, Germany, Taiwan and Japan rounded out the top 10.

Swimming pool was the number one search term for all top 10 countries, apart from Taiwan, which had ‘deceased’, ‘must be sold’ and ‘mortgagee’ at the top and ‘swimming pool’ at number nine.

Filipino buyers were also keen to find deceased estates, as well as homes with granny flats and development approval, while Singaporean buyers searched for brick houses and jetties.

Real estate staples ‘ensuite’ and ‘garage’ were popular across all top 10 countries, as were real estate data and real estate news.

Place Bulimba joint managing director Sarah Hackett said in her experience overseas buyers were chasing a holiday vibe when looking for Brisbane property and a swimming pool was often central to that dream.

She said: ‘For many of them, they want to live outdoors as much as they can because they’ve spent most of their lives in the cold. And though they’re coming to Brisbane for the sunshine, their biggest concern is the summer heat.

‘So they are all about the pool, the air conditioning and some also start looking in to the aspect too to see if a property is north-facing and gets that easterly breeze.’

British overseas property investors can have a swimming time in Queensland.

Searches for Queensland property by country of origin

Rank Country

  1. Australia
  2. New Zealand
  3. United Kingdom
  4. United States
  5. Hong Kong
  6. Canada
  7. Philippines
  8. Singapore
  9. Germany
  10. Taiwan
  11. Japan

Top searches by overseas buyers

Rank Keyword

  • Swimming pool
  • Pool
  • Brisbane, news, QLD
  • Garage
  • Waterfront
  • Brisbane, news, QLD, data
  • Airconditioning
  • Swimming pool, garage
  • Swimming pool, air conditioning
  • Gold-coast, news, QLD

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