International student numbers in Australia are set to eclipse their 2019 peak once borders reopen.
According to Asian real estate advertising and sales platform Juwai IQI, international student enrolments at Australian universities are expected to spike over the coming years as students look to upskill in order to remain competitive in the shrinking labour market.
“There is still great demand—and 135,000 students are enrolled and ‘working from home’ overseas, and could quickly return to Australia as soon as borders open.” Juwai IQI executive chairman Georg Chmiel said.
“Our clients across Asia tell us that they would feel safer travelling to Australia to study in 2021 and 2022 than the United States or the United Kingdom,” Chmiel said.
“By 2025, Australia is likely to increase its share of international students and particularly of Chinese students at the expense of the US, the UK, and Canada.”
With the successful completion of Iglu south Yarra, Point Polaris is also proud to announce that we will be part of the Iglu Flagstaff team.
The 362 Student bed accommodation site is perfectly located on King Street, West Melbourne and only a stone’s throw away amenities such as Universities, Markets and the best of the CBD ‘s offerings.
This 17-level tower will incorporate some of the existing heritage facade of the original ‘Flagstaff House’ and works are planned to commence this month.
Point Polaris’ successful delivery of Iglu South Yarra enables us to confidently provide an even better outcome for our clients’ newest project.