Demand for Down Under holiday homes is on the up
Wed, 22 Feb 2006
Australia is emerging as a popular place for Brits to look for an overseas home, according to new figures.
The appeal of the weather and bbqs is proving particularly strong for Brits who are keen to purchase a holiday home. Currency specialist HIFX's latest reports show that enquiries about Australian property has tripled in the last month.
Meanwhile demand for holiday properties in traditional areas such as France and Spain remains more subdued as people look further for a good location and investment property.
"Last month we reported on the recent interest in buying property in Dubai. This month we have seen a lot of interest even further a field, notably in Australia and New Zealand," said HIFX director Alex Wright.
"Although France and Spain do still have solid sales volumes, interest has shifted as British consumers want to travel beyond the traditional European borders." 
© Adfero Ltd
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