The levy would deter speculative holding and bring under-utilised properties to the market
The lowest-priced houses in greater Sydney are more expensive compared with other assets – including office space in the CBD
This is severely reducing the already limited supply of properties for tenants looking for long-term homes
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The surge was predominantly driven by an increased investment in the real estate sector, according to a new report from the FIRB
$310m will be allocated for the project, amid some heckling from locals angered about the proposed construction of new apartments
Now is the time for governments to invest in infrastructure, with interest rates at record lows, according to Macquarie Group’s chief executive
Low interest rates and the limited availability of industrial land have helped boost land values, resulting in greater investment yields
The crunch, along with affordability constraints, tighter financial markets, and oversupply of new stock, is likely to cool property price growth
The surge is anticipated due to the construction of the Western Sydney Airport, due for completion in 2026
Over the 2015-2016 financial year, billions in revenue from stamp duty accounted for 41.6% of state governments’ total property tax revenue
Hardly a day goes by without the media running a story about the housing affordability crisis within Australia. What is amazing however is that these stories seem to miss out on what some believe to be the single biggest contributor to soaring house prices – and that is the real estate agent’s commission.
The new measure could see foreign property investors pay fees as high as $5,000 per property
As the gap in rental yields between Australia and China continues to close, our residential real estate is starting to lose its lustre
As expected, the new vacant residential property tax targets properties left unoccupied for six months or more
Shadow Treasurer Chris Bowen said the federal government wasn’t doing everything in its power to prevent a potential collapse
In contrast, voters are less keen to allow younger Australians to access their super to buy their first homes
Ultra-rich Chinese nationals are now commuting in and out of the country to enjoy the Aussie lifestyle while continuing to work offshore
Official support will hopefully result in short-term rentals being a viable option for every homeowner without fear of legal or financial penalties
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this soap bubble will burst whith a bang when the Chinese soap run out
Thankyou, great article.