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A large influx of foreign students, and the Melbourne accommodation market in Sydney is hot.

 
[Economic News]     23 Nov 2016
Australia has become a hot study abroad for overseas students, according to the Australian network. Australia's two big cities, Sydney and Melbourne, can be referred to as the world's most popular study cities in the search bar for the world's top overseas student accommodation market search. It is reported that the most-entered city on the search site is London. Sydney and Melbourne, Australia, a...

Australia has become a hot study abroad for overseas students, according to the Australian network. Australia`s two big cities, Sydney and Melbourne, can be referred to as the world`s most popular study cities in the search bar for the world`s top overseas student accommodation market search.

A large influx of foreign students, and the Melbourne accommodation market in Sydney is hot.

It is reported that the most-entered city on the search site is London. Sydney and Melbourne, Australia, are both second and third. Meanwhile, in the 2016 QS Best Student City, the two cities in Australia also entered the top five of the list. In addition to Sydney and Melbourne, overseas students` interest in other major cities, such as the capital, Canberra, Perth, Adelaide and the Gold Coast, has also risen sharply, and the number of student accommodation in these cities is getting more and more.

The company`s revenue in Australia has doubled over the past two years, according to a blog posted by Nolan, the chief executive of the home market boom. They have nearly 30,000 beds in 150 relocations in Australia. Nolan said he was not surprised by Australia`s recent boom in the housing market. For overseas students, Australia is a unique destination for studying abroad. The "It is not hard to imagine why overseas students want to study abroad. Because Australia has the best of the world`s best universities, the climate here is great. At the same time, if they come from other regions of Asia, their country is in the same or similar time zone as Australia, which helps students to adapt as quickly as possible.", in fact, is in Asia from China, Malaysia, India and Singapore.

Nolan believes that Australia`s "star" as a destination for studying abroad will continue to improve. He forecasts that the student accommodation industry, an asset class, will quadruple over the next three years. "the student accommodation market in Australia has experienced the largest growth in the world, where the supply of student accommodation is in short supply," Nolan said. In all major urban areas of Australia, less than one bedroom is built for every 10 students. This situation also gives us great opportunities, we will drive the overseas student accommodation market to continue to grow in the next few years. "on average, it costs $100A to A $400A a week for overseas students to rent an real estate,. But prices vary from state to state and territory to city and remote area. In the city, the price of rent is also affected by factors such as distance from the city center, public transport and so on. Traditionally, finding accommodation abroad is a daunting thing, especially when international students are still in their own country, speaker said. Accommodation may add flowers to the overseas experience of foreign students, but it may also be "clogged". Therefore, finding a good accommodation is very important. According to reports, the website database will only store real estate, which has been verified by the company`s team, and the real estate will also need to sign a contract with the company to guarantee overseas students, and the real estate will not make mistakes at the last minute.

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