Australia Has Huge Housing Potential. House Prices In Melbourne Are Up 8%!
Australia has achieved steady economic growth for 26 consecutive years, and its employment rate remains low. Australia's property market is safe and robust, drawing thousands of overseas buyers. Li Ka-shing, China's richest man, has been in Australia since 1999, moving into real estate, wine and natural gas. In 2017, Li Ka-shing invested HK 40 billion in Australia, further pointing the way for home buyers. Australia has huge potential. If you want to buy real estate, please let us know.
Australia has long been one of the most competitive housing markets in the world. Highly transparent housing market, perfect real estate laws and regulations, permanent property rights, luxury hardcover, low vacancy rate, large housing space, quality education, social welfare and population growth, all these factors have greatly attracted buyers overseas to Australian real estate. This land for sale in south-east Queensland.
Housing confidence survey: the outlook is more positive for Victoria state, with high home sales
According to a new survey by ANZ/Property Council, the Melbourne-dominated market in Victoria is more optimistic, with prices expected to continue to rise and construction activity more active. In order to meet the demand for housing, the number of new residential project approvals in Victoria increased by 37.9 percent in November.
What's more, it's worth noting that a flood of first-time buyers is pouring into Victoria's housing market, driving up prices. The total number of first-time home buyers in Victoria in the second half of 2017 was reportedly more than double that of the same period in 2016. According to the Australian Bureau of Statistics, the number of credit approvals for first-time buyers in Victoria reached 3,527 in November, the highest since the end of 2009. In the future, first-time buyers are expected to be a strong driver of the housing boom in Victoria.
G07/324 Pascoe Vale Road, Essendon VIC 3040
$650,000
Boasting size and exuding sophistication, this near new two bedroom apartment will impress with its extraordinary indoor/outdoor living options, entertaining prowess and luxury appointments. Design perfection commences with timber floors underfoot, leading to a large living domain flooded in natural light.
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On offer is this brand new two bedroom apartment located at the new up and coming 888 Collins Street building. Featuring wonderful Northerly Easterly views, this modern and cozy apartment comprises of a generous living area, two bedrooms both with natural light and built-in robes, and a stylish contemporary bathroom to complete the package. It will be all ready to move in by November 2016 so your potential new home can be all yours very soon!
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