Foreign student arrivals surge in Australian states
As the academic year geared up, overseas students returned to Australia in droves during February
< 1 min
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.
From bushland greens to valley reds, the country’s most awarded designers are proving that the best colour palette was never on a swatch card; it was outside the window all along.
The Australian leather house has opened an immersive four-day pop-up in Manhattan, unveiling its Bloom Collection and redefining what a product launch can look like.
Now selling from Level 9, this new tower pairs skyline and Harbour Bridge views with the quiet of Ismay Reserve, and pricing from just $560,000 for one, two and three-bedroom residences.
< 1 min
The skyline at Sydney’s Homebush is about to change, and The Maybelle is leading the charge.
The new residential tower has officially opened sales from Level 9, offering one, two and three-bedroom residences priced from $560,000, with move-in slated for late 2026.
What sets The Maybelle apart is its position. Residents on higher floors will wake up to sweeping city skyline and Harbour Bridge views.
The building overlooks the leafy calm of Ismay Reserve, giving owners the rare combination of a genuine outlook and a sense of green space, without compromising on either.
Location is doing plenty of the heavy lifting, too.
The Maybelle sits moments from the popular Homebush dining and lifestyle precinct, and is well connected to Strathfield, Sydney Olympic Park and the Sydney CBD, making it a strong option for buyers who want city access without giving up a slower pace at home.
For buyers considering their options in Sydney’s inner west, the appeal is straightforward: a genuine outlook, a connected address and an entry price that remains competitive for the location.
Registrations are now open for exclusive launch access. Get VIP access today.
Be the first to view floor plans, pricing, and availability before they are made public.
Register now at themaybelle.com.au or call 1300 066 292.
Paine Schwartz joins BERO as a new investor as the year-old company seeks to triple sales.
From the Caribbean to Australia’s east coast, Oyster’s latest world rally promises a bluewater voyage designed for owners seeking ultimate sailing experiences.
