Australian property site realestate.com.au now offers more than three million property listings from 56 countries after launching its global property network.
The realestate.com.au/international portal will allow users to search for property from countries in Europe, the Americas and the Asia-Pacific region and covers 12 markets including America, Italy, Germany, France, Malaysia and Hong Kong.
The portal sits side-by-side with realestate.com.au’s other main search services for buying, renting, investing and sharing property.
REA Group Chief Executive Officer Tracey Fellows says the portal “is the world’s largest source of global property”.
“People love looking at property and now they can have easier access to international listings, whether they are interested in a beach house in Jamaica, a warehouse in Brooklyn, a villa in Thailand or even a castle in the French countryside,” she said.
“We’re providing consumers with a way to explore property around the world from the sites they already know and trust.”
Daydreamers, investors and those looking to relocate overseas or purchase accommodation for a child studying overseas will be attracted to the portal, said REA Group Chief Economist Nerida Conisbee.
“There is little doubt the global property market is becoming more accessible and people are continually open to the concept of offshore investments,” she says.
“Not everyone is going to be able or is interested in purchasing property overseas, however it’s fascinating to see what is selling around the world.
“With this platform consumers can see how Australian property values compare to markets in Europe, the Americas and the Asia-Pacific region,” she says.
Robert Thomson, Chief Executive of News Corp, said the global digital real estate portfolio enhances the experience for consumers.
“With more global properties than any other source, it’s a capability that no competitor can match. We are creating a whole new world of property for consumers, and premium audiences on a global scale for advertisers,” he said.