Foreclosed and Distressed Investment Properties in Australia
Australia is a vast island nation and continent located in the Southern Hemisphere, between the Indian and Pacific Oceans.
As a highly developed country, a transparent economy, and consistent GDP growth and low political risk, Australia also provides effective property rights operating within a well regulated market.
Australia is leading location in the world for international real estate investors to search for opportunities, and luxury property values are supported by limited land supply in premium urban and coastal areas, despite the size of the country.
Popular areas of Australia with International Buyers - investment or personal use, listed by owner, for sale by real estate agent and for rent:
Looking for distressed properties can be a smart investment strategy, especially if you're interested in flipping, wholesaling, or buying below market value.
Investors can also refer to the local County Courthouse or Public Records and search for public notices of default, tax liens, and foreclosure sales.
Working with Property Agents or Realtors who specialize in distressed properties, foreclosures and short sales can be useful as well as keeping an eye out for expired listings or properties sitting too long on the market.
Drive around neighborhoods looking for vacant houses, broken windows, or deferred maintenance and work with probate attorneys, property managers, and bankruptcy lawyers who they often know of distressed assets.
