Australian Luxury Becoming A Russian Mecca
Friday, May 23rd, 2008 
Posted by OP-Mall in Australian Property, International Real Estate Trends, Trends
The Gold Coast of Australia has long been known for its great surf, beaches and eternal warm sunny weather. Backpackers from far and wide have always made the Gold Coast their second home from home for many years.
It has become some kind of cult to travel to Australia and visit the Gold Coast. The Japanese have also seen the value of this bustling and trendy place, so much so that many shops and businesses along the coast are owned by the Japanese.
But the newest breed of investors came quietly, albeit forceful. The Russians. Cashed up from industries such as oil and mining, the Russians are now grabbing the many multi-million dollar waterfront investments along the Gold Coast.
