A country estate, a seaside mansion, an urban residence-Australia`s ultra-high net worth people own an average of 2.3 homes for them, but experts predict they are likely to buy more in the near future.
"In the next few years, we will see that this trend in the world is close to an average of 2.9 houses," said Michelle Ciesielski, head of residential research at Knight Frank, after the company released the "Prime Global Cities Index Q1 2018".
The areas where wealthy Australians choose to buy extra homes, such as the countryside and the seaside, are places where ideal lifestyles, such as the countryside and seaside, are offered, says Mr Siselski.
The prime sites include Southern Highlands,Byron Bay, New York, Macedon Ranges, Victoria, Gold Coast, Queensland, and CBD., major cities on the East Coast.
"these places not only make it easy to drive to the airport and travel abroad, but for some people they can commute directly to work after a long weekend," she said.
Meanwhile, Christie`s International Real Estate (Christie`s International Real Estate) `s 2018 definition of luxury homes "(Luxury Defined 2018" report on the global luxury market found that most buyers, especially millennials, care only about the "lifestyle experience". Not top-notch luxury facilities.
This could mean buying houses in more remote areas of Australia or in trendy metropolitan communities.
"when they look at the house, most people are looking for big houses in interesting places, with lots of space," said Jacob (Ken Jacobs), managing director of Australia at Christie`s, who also nominated the wealthy remote north of Queensland. Like Port Douglas and Palm Cove, Palm Beach in Sydney or Portsea. in Melbourne. "either in the country or in the country. Near the beach. "
The Knight Frank report found that nearly 13% of wealthy Australians were considering buying more homes by the end of the year. They and overseas buyers still see good value in the current market, said Collen (Deborah Cullen), head of Knight Frank`s luxury home division in Australia.
Domain Group data scientist Powell (Nicola Powell) agrees. "they think it`s a good deal to buy houses from wealthy owners in the country or on the seaside that meet all the requirements. They often look for private luxury enclaves as a resort. "
"they like to spend the winter in Southern Highlands and Macedon Ranges, with red firewood burning in the fireplace, sipping wine-and then going to the seaside for the summer."
