Hundreds of new developments have flooded the market and agents still can't keep up with the demand from overseas. But how will this affect local buyers? ACproeprty.com.au has given some hints
Chinese property investors might have favoured residential property in Australia but that is all about to change. The next 12 months will be the year Chinese investors also turn their attention to commercial property, in particular hotel investments and development. "From what we can see,
APARTMENTS in Australia have long been the go-to choice for overseas Chinese homebuyers but itÕs the townhouses now that are winning the popularity contest. According to ACproperty.com.au, a Chinese-language Australian property portal, search inquiries for apartments dropped 20 per cent from 2014 to 2015, while
Higher federal government fees and tougher penalties for breaches of foreign investment rules that started December 1 have not deterred foreign investors in the property market. If deals were completed before Tuesday, foreign buyers would not have to fork out the new foreign investment application
Asian parents often joke that their children are their superannuation plan. There is more truth in that than myth after developer Sunbright Development Australia launched Tao Home, an independent living residential project in Melbourne for Chinese seniors in response to demand from migrants wanting to
Demand for Australian investor visas has slowed to a trickle following a government decision to follow Canada and the UK in tightening rules on fast-track residency in return for investment. The changes were introduced in July following a surge in applications from wealthy Chinese and
Federal Treasurer Joe Hockey's get-tough tactics with foreign investments in residential property are making an impact on foreign investors who are "too afraid to break the law". Mr Hockey transferred all residential property monitoring to the ATO in May and the government is investigating 195
The taxi business has Uber. Travel has Airbnb and retail has Alibaba and Amazon. Now the property sector is getting its dose of the so-called digital "disruption". ACproperty.com.au, Australia's largest Chinese property website, allows Asian buyers to shop for properties in Mandarin, it will also
Chinese foreign investors welcome Australia's tight rein on foreign investments but say penalising buyers on the back of poorly administered foreign investment rules is unfair. "Many Chinese investors are actually reluctant to buy properties in countries where they are no restrictions at all on foreign
Off-market deals are favoured by home buyers who want to get ahead of the game, and those who can read Chinese may now have an edge. Agents are posting an increasing number of properties on Chinese social-media platforms such as WeChat before advertising them to