Australia is still the number one investment destination, and if you have a sizeable deposit to put down on a property, then prime areas are major cities such as Perth, Canberra, Melbourne and Sydney. As in other countries, properties in these areas are prime but a good return on your investment can still be made.Properties close to amenities such as schools, colleges and commercial and business districts always carry a high price tag but are also always in demand.There has also been an increase in small, one or two bedroom properties with children leaving home and setting up home themselves. The Government has also just brought in a grant to help first time buyers.Strict lending rules, put in place by the Australian Government, has also helped keep the property market stable by keeping down the number of repossessions.

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