Housing policies announced in Tuesday's budget will do nothing for local buyers and could even hurt them, according to CoreLogic senior research analyst Cameron Kusher. The "50 per cent rule" could even stop developers from mass producing "tiny apartments" as seen in parts of Melbourne so that they focus more
Zhang Biao, a 32-year-old Chinese entrepreneur, has already thought about where his eight-year-old will go to university. ÒWe thought a flat overseas would be a good investment, and our son could use it for sixth form or university in Australia or the UK,Ó he says. Mr Zhang and his wife
Chinese buyers want a stable investment rather than a high return, says a company chief who has been involved in a new international property website launch. ACProperty.com.au, which is one of AustraliaÕs leading Chinese language property portals, has launched Sodichan.com in a joint venture with ListGlobally. The new site will
Home prices defied forecasts they would stagnate in 2016 to grow more than they did during the "boom" year of 2015, according to year-end figures from property research firm CoreLogic. Dwelling prices rose 15.46 per cent in Sydney while Melbourne had a rise of 13.68 per cent. Even the much-maligned
Home prices defied forecasts they would stagnate in 2016 to grow more than they did during the "boom" year of 2015, according to year-end figures from property research firm CoreLogic. Dwelling prices rose 15.46 per cent in Sydney while Melbourne had a rise of 13.68 per cent. Even the much-maligned
Property developers are discretely offering discounts on apartments in Brisbane, Melbourne and Perth to Chinese buyers for the first time, in a sign lending restrictions and over-supply are beginning to affect prices. One Melbourne developer is also offering a generous 25-year rental guarantee in a bid to lure Chinese buyers
Australia's Chinese residential property website ACProperty.com.au has joined forces with international property website Listglobally.com to start a new international housing site for Chinese buyers, The site, Sodichan.com, is an equal joint venture partnership between ACProperty and Listglobally, and will be run by the Melbourne-based ACProperty directors Esther Yong and Ivy
Property investors who have been traditionally looking at Australian properties are now turning to the United States and Europe to build their portfolio. With the recent tightening of Australian property purchases by foreigners, agents in China are expanding their sales into the US and Europe. This is an easy transition
As a renowned teacher of English in China, Liu Jiabing planned well for his daughterÕs education. He chose a good university in Aus_tralia, helped her to get an offer to enrol next year, and bought an apartment in Melbourne that is due to settle next month. But now the apartment
Ray White has expanded its agency services to China, signing an agreement to list new and old properties for sale with China's largest real estate agency, Lianjia, also known as Homelink. Lianjia, which has more than 6000 branches in more than 25 cities in China, will co-list Ray White's Australian