A win for Australian property investment
The recent election ‘upset’ in Australia is expected to provide a much needed boost to the country’s housing market, spiking a rise in interest for Australia property investment. (UPDATED 11/6/19)
Australia
Australia Property Outlook 2019
Australia is a diverse land that is home to a wide range of fascinating natural landmarks and iconic destinations. It is the world’s 12th largest economy, and ranks up there as one of the most well-developed countries in the world.
What’s in store for Melbourne after the elections?
In the recent Victorian State Election, the Labor government led by Premier Daniel Andrews won a second four-year term, defeating the Liberal opposition by an increased majority of 52 seats. To be sure, Labor has grand plans for Victoria lining up to be executed, but investors will be more concerned about what’s in store for …
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Victoria Smashes NSW for the Second Time in a Row
Once again, Victoria has overtaken New South Wales (NSW) as the state with the strongest overall economic performance rankings in Australia. Margin lender CommSec’s latest quarterly (Oct 2018) State of the States report has revealed that Victoria has come out top in several key indicators, namely economic growth, employment, construction activity and population growth. This is …
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Perth Property Prices to Increase in Jan 2019
These next two months will be the last for foreign investors to make substantial savings on Perth property purchases. Come Jan 2019, Western Australia will join the rest of the country in imposing a stamp duty surcharge on foreign property buyers in the state. Earlier this year, the Western Australia (WA) government announced that …
Perth Set to be the Next Melbourne
Perth is set to be the next Melbourne, a new report from Infrastructure Australia indicates. After a stagnant 2017, Corelogic predicts that house prices in the inner city will rise by 3.3% this year and 4.1% in 2019. With prices at an affordable rate, property situated in choice locations are ripe for the picking and investors …
A Guide to the Australia Property Investment Purchase Cycle
You’ve decided on an Australia property investment but have no idea what the purchase process entails. This article will guide you through some of the stages in the investment process. It starts with choosing a property that fits your budget and investment goals, and appointing an agency that can take you through the purchase process — unless …
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Investors Pay Homage to the King of Fruits
On a recent cloudy Saturday afternoon, CSI Prop hosted yet another exciting and fun Investor Club event, honouring the King of Fruits and the pride of all Malaysians: a Durian Party in recognition of the favourite season of the year! The party, held at DurianBB Park KL, was a smashing success. The place was packed …
Australia’s Population Growth Not Slowing Down
Compared to developing nations with far stronger population growth rates, Australia is expanding pretty quickly for a developed country. Last month, Australia’s population officially ticked past the 25 million mark, according to the latest data by the Australian Bureau of Statistics (ABS) – 33 years earlier than projected! Over the last three years, the nation’s …
New Australian PM Scott Morrison: A Property Person’s Prime Minister
Exactly one week ago, Malcolm Turnbull saw his three-year reign at the helm replaced by former treasurer Scott Morrison, following much political chaos within the ruling Liberal party. Australians and foreign investors alike will be keeping an eye on what happens to the economy and housing market. Here’s a snapshot of the new Australian PM. …
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