2019 saw the Australian housing market slow as banks tightened lending for investment property and buyers were cautious about the outcome of the May 2019 Federal election. Towards the end of 2019 there was a resurgence and 2020 has been predicted as a strong year for growth in the market which should see more investment properties become available and therefore rents stabilising.
Helping people move and settle quickly is our business. We know that people need support, but how to convince those who think they can do it alone? With so much information online, how can a Destination Service Provider (DSP) effectively engage with a transferee from the outset? By meeting them there. People want resources aggregated and accessible on demand – whenever and wherever they wish. They want to do their own research into neighbourhoods and find their own properties. We get that, so we collaborate with them online from the beginning, so they see our value immediately
We are sometimes asked for comment on the biggest surprises experienced by new arrivals to Australia. Without doubt one of the most common surprises is the perceived high cost of renting property (most new arrivals rent initially). Two factors are relevant in this regard: Concentration of population in Sydney and Melbourne (over 40% of the …
Australia | China | India | Japan | Korea | Malaysia | New Zealand | Philippines | Singapore | Taiwan | Thailand Australia There has been stability in rental costs over recent years as shown in the table below: However vacancy rates have been declining, and this could lead to pressure on rents in …
1: House Prices: Media reports that imply a property market collapse is taking place are not supported by the facts. This is consistent with commentary from the Reserve Bank of Australia to the effect that a mild correction is occurring. Property prices and rents in Melbourne and Sydney are still higher than they were 2 …
Australia – Housing Market Gloom – is it justified? Read More »
Australia | China | India | Japan | Korea | Malaysia | Philippines | Singapore | Taiwan | Thailand Australia Are there expat areas to live in ?No, international assignees live in the same areas as locals. Why is rental property so expensive in Sydney and Melbourne ?Actually the rental yield the property owners can …
FAQs for the Asia Pacific Region – Practical Information Guide Read More »
Australia | China | India | Japan | Korea | Malaysia | New Zealand | Philippines | Taiwan | Thailand Australia Australian Cultural Do’s & Don’ts Believe it or not, Australian culture is nothing like the old beer commercials of the 80s or the stereotypical image of Crocodile Dundee roaming the Outback. Australia is …
New rules were announced by the Federal Government and implemented in August 2018. Employers need to advertise in Australia for roles that are to be filled by a Temporary Skills Shortage visa applicant (the main visa category for 1 – 4 year international assignments to Australia). The employer must demonstrate that Australians are not excluded …
Tight rental markets generating big rent increases in Melbourne and Canberra Latest capital city rental data for apartments affirms the link between vacancy rates and rent increases. It seems a logical outcome of the working of supply and demand, however this is not always the case. In the latest available data (March quarter of 2018) …
Australia – Big rent increases in Melbourne & Canberra Read More »
According to the most recent census conducted by the Government in 2016 the mix of religious observance is as shown in the table below. Australia is a country in which freedom to follow religious belief is highly valued, and churches are entitled to a range of tax benefits recognising their contribution to the welfare of …