• 25 October 2019

Where in the world are High Net Worth Individuals (HNWI's) moving to?

A high-net-worth individual (HNWI) is somebody with around $1 million in liquid financial assets. 

A recent report showed that China lost 15,000 HNWI’s across the 2018 year.

Where did they go??

There you have it, for the fourth year in a row, Australia beat out the US as the top destination for migrating HNWI’s!

Why is it so?

Our enviable lifestyle, coastal living and more prove very attractive for many migrants to our great country!

So . . . demand for houses leads to . . . increasing supply of housing required = continued great prospects for ongoing capital growth in our major capital cities.

Australia's unemployment rate fell marginally to 5.2 per cent in September, on a seasonally adjusted basis.

In context, this is an improvement over the previous month's result (5.3pc)

This drop was partly based upon the creation of 26,200 full-time roles.

All good signs, pointing to further stability in our property markets with great prospects for continued capital growth in areas of high demand - our coastal capital cities!

Make contact with your Property Mentor or hit enquiries@propertyclub.com.au for further information, so you can get the right properties in the right areas, best selected for capital growth!

Troy Gunasekera | National Manager

Related Posts

Onsite Managers/Caretakers – The Good, the Bad and the Ugly

Onsite Managers/Caretakers – The Good, the Bad and the Ugly

If you are a property investor who owns a unit, you may well have bought into a development whose Body Corporate engages an Onsite Manager or Caretaker (hereinafter referred to as an OSM). Now some OSM’s are good, and some are bad, and some are outright ugly! If your complex has a good one, breathe a sigh of relief...

🌟 Property Market Update with Clifford Bennett | June 2024 Edition 🌟

🌟 Property Market Update with Clifford Bennett | June 2024 Edition 🌟

Welcome to our latest property market update! In this video, renowned economist Clifford Bennett shares his expert insights on the current trends, challenges, and opportunities in the property market. Whether you're a homeowner, investor, or simply interested in real estate, this update is packed with valuable...

Western Australia leads nation in property investment growth, offering hope for renters

Western Australia leads nation in property investment growth, offering hope for renters

Western Australia has recorded the highest growth rate in property investment of any Australian state over the past year, with investor lending reaching a record $1.15 billion in April 2024, according to the latest ABS figures. Kevin Young, President of Property Club, said that property investment activity in WA has...

Become a Member Today!

Our mission is to help the average Australian learn the property market dynamics and discover the amazing opportunities that exist in real estate.