Australia is now firmly entrenched as the third most popular global destination for international students studying abroad, as the international student population continues to increase in both universities and other education sectors.
According to the latest research from Savills Australian Student Accommodation Market Report, Australia has a strong reliance on international students from a number of south-east Asian countries. The latest demographic information available indicated that international student growth is stronger as evidenced by enrolments in higher education courses with student visas growing by 11% from 2015 to 2016.
China (28%), India (11%), Republic of Korea (4%), Thailand (4%) and Vietnam (4%) are the top five countries of origin for international students studying in Australia. In 2016, the strongest growth in international student numbers in Australia came from Brazil (20%), Malaysia (18%), Nepal (16%), Hong Kong (10%) and Colombia (22%).
Universities across Australia continued to be significant participants within the market, with 71,645 beds of purpose built student accommodation (PBSA) in the eight Australian capital cities. The existing supply in each city was less than 11% of the full-time student population with the exception of Canberra (28%).
Savills Australia director of student accommodation Conal Newland said Australia’s student population is continuing to grow at a steady rate, with the latest data indicating that total student enrolments grew by 2.7% from 2014 to 2015, an increase of 36,903 students.
“New South Wales, Victoria and Queensland have the greatest number of student enrolments with Victoria achieving the largest increase in enrolment numbers year on year, with an increase of 4.4% compared to 2014.
“Of all the states, Tasmania saw the largest increase of 9.9% growth in 2015 with multi-state higher education providers increasing by 6.7%.
“The number of international students enrolled in Higher Education courses and utilising study visas in Australia has grown by 10.9% from 2015 to 2016, a marginally higher increase than the year previous,” Newland said.
There were 554,179 international students studying on a student visa in Australia in 2016 which represented an 11.3% increase over 2015 figures (498,155 student visas). The top five nationalities were China, India, Republic of Korea, Thailand and Vietnam.
China was the largest international student country of origin which contributed over 27% of the total number of international students in Australia in 2016.
The country with the highest percentage of growth was Columbia, with growth rate of 22.4% from 2015 to 2016.
was recorded as the most attractive Australian market for investment into the student accommodation sector. The total development pipeline in Sydney increased from 3,665 beds in 2016 to 5,435 beds in 2017.
According to Savills, the pipeline for delivery of new student accommodation in Melbourne increased significantly in the last 12 months with a total pipeline of 16,295 beds in 2017, compared to the 9,651 beds in 2016.
PBSA development pipeline activity slowed in the first three quarters of 2017. There was a minor acceleration towards 30 June 2017 when Brisbane City Council’s infrastructure levy reductions ceased, and Savills said these projects must commence construction by the end of October 2017 to receive the concession. Analysis indicated that the total combined PBSA pipeline has increased from 8,930 beds in 2016 to 10,682 in 2017.
The development pipeline in Adelaide has grown to 2,159 in 2017 from 1,480 in 2016. In 2018, three projects are programmed for delivery including developments by Blue Sky, Kyren Group and Urbanest. In 2019 a further 380 beds are programmed for delivery.
There was significant interest in the Perth student accommodation market in the last 12 months, with a total development pipeline increase to 3,621 beds from 2,000 in early 2016.
“The US and Western Europe continued to break records in 2016, with the UK having a slower year transaction wise, before being projected to reach close to 2015 levels in 2017,” Savills Australia Associate Director of Student Accommodation Rachel Coates said.
“Analysis of recent transactional activity within the UK demonstrates how the Australian transaction market is still at an early stage, both in terms of the volume of stock that has been traded analysed in terms of the number of beds, and the total value of transactions.
“There is a substantial amount of trading in the UK forecast for the fourth quarter of 2017, indicating that transaction volumes could total close to £5 billion for the year.”
Coates said political reform of the Australian Higher Education Sector remains on the agenda, as continued government funding of the Australian University Sector seems less likely, and competition between universities is set to increase.
“Sydney will continue to be the most attractive, but the most difficult market to access. Despite a rapid rise in the number of projects over the last 12 months, Melbourne continues to attract a number of new pipeline projects” she said.
Debt funding for new development led projects has affected a number of property asset classes through the first three quarters of 2017, including student accommodation. Accessing debt finance for new projects is anticipated to remain challenging.
“Looking to the start of 2018, the delivery of new pipeline accommodation, particularly in Melbourne and Brisbane is going to be closely watched by market participants and observers in terms of the occupancy uptake and stabilisation of new assets, particularly towards the top end of the rental price range. And accessing debt finance for new projects is anticipated to remain challenging.”
Being MARA agents, we can assist you to gather all the documents required to support your student visa application and also represent it to Australian Immigration Department on your behalf.
Being a strong representative of the major universities of Australia, we can help you save a lot of time knowing the updated scholarship information of different universities.
If you didn't find the course the way you anticipated & are looking to change your course, we can suggest an alternative that is more suitable to your learning abilities & career aspirations.
If you are on a student or holiday visa and your visa is due to expire, we can assist you with the most common options that allows you to extend your stay in Australia.
There’s almost nothing that Australia does not have…some of the best universities in the world with affordable education, an enviable lifestyle and beautiful scenic locales with golden beaches and stunning rainforests. Little wonder, then, that international students pick Australia as their preferred study abroad destination, and the numbers of students each year are growing!
These are some of the biggest benefits of studying abroad in Australia.
You need never worry about finding people from your own country here! Australia is third behind only the United States and the United Kingdom in terms of numbers of international students, and has seen at least 200,000 foreign students attend its universities for the past several years. With study abroad programs in Australia becoming increasingly popular around the world, Australia is a very accessible destination for international students. The major universities here welcome international students, and provide programs and services that are tailored toward helping study abroad students make the most out of their educational experience.
Despite being such a small nation, Australia is well known as being home to some of the best research institutions on Earth. High quality academic programs in science fields, like nursing and healthcare, chemistry, biology, zoology and wildlife, mathematics, technology and engineering are found in a great number of Australia’s major universities. As the educational degrees obtained here are recognised all over the world, this makes a study abroad program in Australia a valuable addition to every student’s professional resume.
There are over 40 universities in Australia, and each of them offers vast and varied opportunities to study a range of different subjects. Most study abroad students prefer the larger universities, where they can pick from just as many courses of study as any major American university. To give an example, the Australian National University offers a staggering 750 possible course combinations! This means that not only will you be able to take courses related to your major, you can also broaden your spectrum of learning by taking offbeat courses that you may not be able to find in your local institutions.
Study abroad expenses are usually the deal breaker for students who wish to obtain an international education. Recognising this, and wishing to give students every opportunity to unleash their talents, every year the Australian government sets aside over $200 million dollars specifically for international students coming to study at Australian universities. These are usually based on merit cum means, and there are certain requirements for application to some- for example, grade requirements, financial need, etc. Students who have been accepted to study abroad in Australia should inquire with the University’s financial aid department to see what scholarships may be available to them.
International students can work part-time while on a student visa, which will further help them to knock down the price of studying abroad in Australia. Students are allowed to work up to 40 hours every two weeks in jobs that require only basic skills, such as in the food and beverage service, petrol pumps or in their university campuses. This is something that can really help drive down the cost of education and living expenses. There is dignity of labour and no job is considered demeaning. With the minimum wage in Australia at just under 17 dollars per hour, students can cover a good chunk of their expenses associated with rent, groceries, utilities, and maybe even a bit of tuition.
Studying in a country where English is not the primary language throws up many challenges for international students. Simple tasks like shopping in a grocery store or asking for directions could prove to be an ordeal for students in some European countries….and this is quite a non-issue for students in Australia! While some students may find it a bit hard at first to understand the lazy Australian drawl or pick up the nuances of Australian slang, they will soon enough become accustomed to this as well.
Most parts of Australia enjoy great weather which is an added bonus for students. Except for some places, Australia’s climate remains moderately warm to downright hot year round. Beaches are sun-drenched and attract tourists by the thousands. Top universities that are located in Sydney, Brisbane, and Melbourne have temperatures that are usually above 50 degrees Fahrenheit. A point to keep in mind is that, as Australia is in the southern hemisphere, seasons are reversed, and Christmas is sunny and warm!
For students who enjoy exploring the outdoors, there is an endless number of memorable activities waiting for you. Plenty of outdoor adventures are available, and students can get away from civilization anytime they wish! Explore the Australian outback….hobnob with kangaroos on Kangaroo Island…check out some rock formations that are two billion years old and go trekking in stunningly beautiful rainforests. You can experience gorgeous scuba diving and snorkelling, and swim with the fishes under the Great Barrier Reef! For those who enjoy indoor activities, Australia is home to world class museums and art centers, and the Sydney Opera house hosts over 40 shows per week.
Australians are well known for their laid back lifestyles, and the student culture of the country is no different. Australian students do work hard and definitely take their schooling very seriously, but they have an excellent life balance with plenty of leisure activities too. Many of the major universities in Australia are located along the east coast and have easy access to parks, trails, and some beaches. People are used to an outdoorsy life and students usually fall in line as well. There are student clubs devoted to just about every type of relaxation activities and students get many chances to relax and enjoy themselves away from academics.
While there are many opportunities for travel within the country, there are beautiful nearby locations where students can go for shorter breaks. New Zealand is just a short flight away, and many tropical islands of the South Pacific are easily within reach as well. These offer perfect getaways over school holidays (spring or fall break) or even for short weekend trips during the term.
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