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June 17, 2023
We love to watch close relationships develop between international celebrities and Australia and part of the reason for our personal interest at Listing Loop is that when they buy property here, they usually buy off-market.
Over the past few months, we've covered the latest trophy suburbs the wealthy are buying into and interior design trends they follow, as well as their obsession with buying in Byron Bay.
But this week, we've decided to get to the core of why they buy here, to take a deep dive into what interests them about our lifestyle - when frankly, they could pick a million other locations closer to the rest of civilisation. After all, we must have something pretty unique for singers like George Michael and Pink and film stars like Matt Damon and Natalie Portman to want to spend so much time here.
So what is our secret?
Look no further than the A$180 million advertising campaign launched by Tourism Australia in 2006 for part of the answer. The campaign and its memorable question - "Where the bloody hell are you?" - struck a chord with many people for its spot-on depiction of Australian life, rather than the controversy that its seemingly bad language provoked.
But what else?
Well, we know for a fact that celebrities are also quite partial to our laid-back culture - even our liberal use of the f-word, as witnessed in the Australian version of "Alone". But all jokes aside, what they really want to buy into is our culture, values and our obvious desire to give everyone “a fair go”.
"Freedom, respect, fairness and equality of opportunity are central to our community remaining a secure, prosperous and peaceful place to live," according to our government’s home affairs website. "Our values define and shape our country and they are a reason why so many people want to become Australian citizens. Our democratic institutions and shared Australian values have created our peaceful and stable society."
Interestingly, our distance from... well, pretty much anywhere.. means few celebrities actually put down permanent roots here. But that doesn't stop them from buying property, because privacy is a highly-prized commodity in celebrity land, and the sheer vastness of our country and the many physical and cultural attributes it offers make it a dream destination for even the wealthiest.
Feel free to nod smugly while we remind you of some of those attributes:
Our distance from other countries and stringent visa system make it tricky for celebrities to relocate here permanently, but fortunately, they have the means to buy second homes.
Unfortunately, putting down permanent roots isn't only a problem for international celebrities. Once an integral element of The Great Australian Dream, currently, the idea of home ownership is not as clear-cut for many Australians either, thanks to soaring house prices, low stock, and increasing interest rates.
And inevitably, navigating such an unpredictable market means buyers must be savvy, and pick professionals to work with who not only understand the market but who offer optimum support when it is needed.
Our team is always happy to help with all the dramas and stressors of house buying and selling, which is why we’ve brought the services you need altogether, under one roof. Furthermore, for those buyers who require extra support, for a small fee, our Buyer Assist service provides them with the opportunity to work with one of our buyer’s advocates, who, not only have access to information unavailable to the public but also the requisite experience and expertise to remove a large chunk of the stress from the buying process.
Listing Loop is a marketplace for off-market and pre-market properties for sale but we’re also an end-to-end property transaction platform helping to remove friction from the buying, financing, and selling processes.
Interested in learning more about off-market property? Check out this easy-to-read blog post in which we've condensed all the relevant information
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