Australia
Status
Under Construction
Project Type
Apartment
Project Area
26,346.74 Sq. Ft.
Commencement date
28 Jun, 2021
Price Range
$700k – $2M
Australia’s outbound travel market has now fully stabilised beyond pre-pandemic levels, with international departures exceeding historic benchmarks and total overseas travel spend continuing to grow year-on-year. Australian travellers remain among the world’s highest-value outbound segments, driven by strong disposable income, long average stays, and a preference for premium and experience-led travel.
With a population of approximately 27 million and one of the highest GDPs per capita globally, Australia consistently ranks among the top outbound source markets for long-haul and luxury destinations. Southeast Asia, Indonesia, Japan, the Maldives, Europe (particularly France, Italy, Spain, and Greece), the United Kingdom, and North America continue to benefit from sustained Australian demand.
Australian travellers are known for:
- Higher average length of stay
- Strong premium and luxury conversion
- Repeat visitation patterns
- High spend on accommodation and experiences
- Strong uptake of villas, resorts, wellness, and celebration travel
Currency performance continues to support outbound demand, particularly for Asia-Pacific and selected long-haul destinations, reinforcing Australia’s position as a resilient and high-yield source market.