I came across an article by Phil McCarroll on Your Investment Property that says that between 30 June 2014 and 30 June 2015, Sydney’s median price shot up by 20.36%. It is not a mean stat to digest, given that this growth is more than double the growth exhibited by any other capital city. So, Sydney, dear readers, remains the blue-eyed baby of the Australian real estate.
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More Chinese Money to Flow Into Australian Property Market
James Mitchell writes an article for the website The Adviser wherein he says that the relaxation of capital export restrictions will see something like $75 billion of Chinese capital flowing into the Australian properly market shortly. The scheme used by the Chinese government was started for institutions and was known as QDII1. The recent one called QDII2 is for the residential investors who want to dig into the overseas property markets.
Experts feel that China has enough potential to disrupt (at least for the short term) the real estates of many developed countries.
You can read the original article here.
Vacancy Rate Stiffens in Sydney
Phil McCarroll writes a piece for the website Your Investment Property wherein he talks about stiffened vacancy rates in the Sydney residential property market. In the month of July, the vacancy rate for Sydney dropped by 0.2% and was stationed at 1.9%. This implies that many more tenants are finding accommodation in Sydney. Put another way, many more of them are seeking rental properties to live in.
Aussie Property Investors 20 Years From Now
Michael Yardney writes an article for the website Property Update wherein he prophesies how the Australian real estate may shape up for property investors 20 years from now. He adds a lot of juice to the article by collecting the opinions of several industry experts.
Property Vendors to Incur an Expense Buyers Usually Pay For
In an attempt to bolster the regulation of real estate, the state of NSW may have its property vendors spending some money out of their own pockets. Phil McCarroll reports for an article on the website Your Investment Property.
Investment Property Turned into Drug Den
Investors can’t hide that sometimes they are really rubbed the wrong way by tenants who do all the damage and then go into hiding. Rented investment properties turning into secret drug laboratories are not unheard of. It is odd that investors always feel it is something that “happens to others, not us”. Sharon Fox-Slater writes an article for the website Street News wherein she talks about an investment home in Geelong turned into a cannabis farm.
