Foreign student arrivals surge in Australian states
As the academic year geared up, overseas students returned to Australia in droves during February
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The number of foreign students returning to Australia is on the rise, spelling good news for suburbs with high levels of student accommodation.
Data from Ray White shows that 140,000 foreign students returned to Australia in February, with NSW and Victoria leading the way.
During the height of the pandemic in 2021, areas with higher levels of student accommodation saw significant falls, with Melbourne CBD recording the highest drops. Ray White chief economist Nerida Conisbee said rental levels in that city fell by 23 percent and prices dropped by 7 percent during 2021, which had a flow-on effect to commercial property in those areas, such as retail properties that relied on that market. Ray White data showed that prior to the pandemic, the numbers of foreign students rose steadily from just under 300,000 in 2006 to more than 800,000 in 2020 before falling to less than 100,000 during COVID.
However, figures show that 49,160 students arrived in NSW in February, with another 47,970 students heading to Victoria. Queensland was the next most popular destination, with 19,300 students arriving ahead of the start of the academic year, followed by Western Australia with 11,850.
Ms Conisbee said rents had already begun to rise quickly, reaching pre pandemic levels, although values had not kept a similar pace. That is expected to happen later this year, she said, noting she is hopeful it will spark a new construction cycle for further affordable student housing.
International AI strategist Justin Kabbani will headline the Kanebridge Property Summit in Sydney on June 18, with tickets selling fast.
Scotch whisky expert, luxury hospitality strategist and Keeper of the Quaich inductee Ross Blainey is bringing a new philosophy of luxury experiences to Citizen Kanebridge.
International AI strategist Justin Kabbani will headline the Kanebridge Property Summit in Sydney on June 18, with tickets selling fast.
2 minArtificial intelligence is rapidly reshaping business, investment and competitive advantage, and now Australia’s property industry is being told it cannot afford to sit on the sidelines.
International keynote speaker and AI strategist Justin Kabbani will headline the Kanebridge Property Summit at RACA Sydney on June 18, bringing rare insight into how forward-thinking property professionals can use AI to move faster, make smarter decisions and gain a serious edge in an increasingly competitive market.
Tickets to the exclusive summit are already selling fast.
Having worked with global brands including Uber, PepsiCo, Mattel and Destination NSW, Kabbani has become one of the leading voices on how businesses can turn AI from a buzzword into a genuine commercial advantage.
Known for his high-energy and highly practical presentations, Kabbani cuts through the hype surrounding AI and focuses on what actually matters: productivity, growth, leadership and real-world business results.
His keynote will explore how AI is already transforming industries globally, and what property developers, investors, agents and business leaders need to understand now to avoid being left behind.
Importantly, the session is designed to be practical, not theoretical.
Attendees will hear how AI can be applied across marketing, sales, operations and decision-making to improve efficiency, sharpen strategy and create new competitive advantages in a rapidly changing business environment.
The summit will also feature an exclusive roundtable bringing together leading property and finance experts for a candid, off-the-record Q&A exploring the forces shaping investment, development and wealth creation across Australia’s prestige property market.
The event follows the success of last year’s sold-out summit and will once again be hosted by respected MC John Alten.
With AI becoming one of the biggest disruptors facing business, the June 18 summit is expected to attract strong interest from property professionals, investors and business leaders looking to stay ahead of the curve.
The followings are included in every ticket:
- Full access to keynote sessions and the interactive roundtable.
- Premium selection of canapés and beverages throughout the evening.
- Complimentary annual digital subscription to two leading publications (Wall Street Journal and Kanebridge Quarterly), providing essential coverage of local and global markets, property trends and investment strategy.
Tickets are limited and selling quickly and you can buy here.
International AI strategist Justin Kabbani will headline the Kanebridge Property Summit in Sydney on June 18, with tickets selling fast.
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