Rent rises in Australian property accelerates
Australian Property Monitors (APM) revealed that in Darwin rents jumped ten per cent to AUS$550 (£332), while Melbourne median weekly asking rents on houses increased 2.8 per cent to AUS$370 in the...
View ArticleCity-based Australian property ‘seeing strong demand’
Australian property prices in the country’s capital cities jumped in March amid strong demand from potential buyers. Figures from RP Data-Rismark have revealed that national city dwelling values rose...
View ArticleSelf-employed Brits moving to Australia ‘must check business laws’
Self-employed Brits who plan to move to an Australian property must ensure they thoroughly check the rules and regulations for running their business overseas, it has been advised. If qualifications...
View ArticleVictoria ‘has grown too fast’
Victoria’s population has increased too quickly, putting pressure on Australian property, the state premier has admitted. John Brumby said he was comfortable with a population growth rate of up to 1.7...
View ArticleReversal of foreign property ownership law changes
A reversal of the relaxation of rules restricting foreign ownership of Australian property should ensure that prices are not forced up, according to an industry expert. John Collett, writing for the...
View ArticleForeigners buy AUS$15bn of Australian property
Foreign investors bought some AUS$14.9 billion-worth (£8.6 billion) of Australian property and land last year, it has been reported. According to the Sunday Telegraph, the figures were released in a...
View ArticleRBA plays down Australian house bubble concerns
Australian property prices are not over inflated, the Reserve Bank of Australia (RBA) has said. It played down concerns over a housing market bubble in the country, with deputy governor Ric Battellino...
View ArticleThe Australian housing market is expected to stabilise this year, according...
It said the market will stabilise following the first-home buyer and low interest rate-induced rebound in prices seen last year. The firm’s Residential Property Prospects 2010 to 2013 suggested that...
View ArticleResidential building ‘is recovering strongly’
The building of residential property in Australia weakened in the economic downturn when it was hit by a collapse in confidence, but is now recovering strongly. This is according to Frank Gelber,...
View ArticleValue of building work in Australia increases
The value of building work carried out in Australia increased by 5.7 per cent from the first quarter of the year to the second, latest figures have shown, which could interest those looking to invest...
View ArticleProperty investors ‘should seek new managers if unhappy’
Investors who are unhappy with the services being offered by their property’s managers should take their business elsewhere, but many do not, research has shown. A study conducted by CoreData suggests...
View ArticleAussie property news
Worries over house prices ‘have eased’ The Westpac-Melbourne Institute Consumer House Price Expectations index has fallen to 51.1 from 58.8 in July, The Australian newspaper reports. Some 63 per cent...
View ArticleEco-friendly Australian property recognised with awards
The Housing Institute of Australia-Boral GreenSmart Awards acknowledged the efforts of those who have reduced their carbon footprint. The top award, the GreenSmart Home of the Year, went to...
View ArticleWorries over property prices ‘have eased’
The Westpac-Melbourne Institute Consumer House Price Expectations index has fallen to 51.1 from 58.8 in July, The Australian newspaper reports. Some 63 per cent of people surveyed said they expect...
View ArticleBooming economy not good news for rates
A mining boom that helps lift economic growth to four per cent and push the jobless rate below five per cent should be good news for Australia. But the downside is likely higher inflation and the...
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Australian property expo in London
JOIN us for our popular Info Sessions. Discover how to buy, lease and manage a new Melbourne property while living in the UK. How foreigners and Aussies abroad can secure a brand new freehold property...
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Make your return to Australia financially rewarding
AS an expat you’re already on the property ladder back home, right? If the answer is no, now is the time to buy. Over the next few weeks Australian Times will be running a series of articles about...
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Aussie expats are being left behind on the property ladder
AUSTRALIAN expats are being left behind on the property ladder. Are you one of them? According to the Bureau of Statistics more than one million Australians are living and working overseas. A...
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Sydney’s siren call
ACCORDING to a report by the property group Australian Homebuyers International (AHI) the number of searches for property abroad increased by 55 per cent in January 2011. The searches showed people...
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Aussies must broaden their outlook
THE importance of expats getting on the property ladder back home was highlighted recently by Dr Frank Gerber, chief economist at BIS Shrapnel. “We’re not over-geared, we’re not overvalued, and we’re...
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