The Australian housing market will see an increase in price this year, it has been announced.

Marc Da-Silva, property journalist, said that for English buyers the appreciation of the Australian property market coupled with the fall in the pound against the dollar will have a twofold impact.

He added: "It has been a double dip in the sense that, [due to] the higher property prices and lower currency exchange rates, the cost of buying property in Australia has increased significantly."

Martin Hession, head of property at Australian Unity Investments, has suggested that the opportunity to invest in property down under is "exceptional".

A recent report by Rightmove found that the Mediterranean witnessed a growth in interest among property buyers last month, particularly the Costa Calida in Spain, which rose by 13.5 per cent.

Anyone interested in buying property abroad may wish to consider making the process easier by using self storage facilities.

Written by Emily Sanders