Category Archives: Australia

Student accommodation a booming market in Australia

Australia has always been a hotspot for property investors, especially those from Malaysia and Singapore, with the most common reasons being education, proximity, family and affordability. A recent report by Student.com, an online marketplace for international student accommodation, found that

Foreign property investors in Victoria hit with additional 4% stamp duty starting July 2016

Remember this article from last year? In it, we shared the news that foreign investors buying real estate in the Australian state of Victoria will have to pay a 3% tax on the purchase price starting in July last year.

Increased stamp duty and taxes in NSW for foreign buyers will not affect Malaysian property developers

Foreign buyers of real estate in the Australian state of New South Wales (NSW), of which Sydney is the capital city, will soon have to pay an extra 4% in stamp duty for residential properties, as well as a 0.75%

Estate123 Event Recap: Estate123 Agent Appreciation & Advancement Seminar

We’ve successfully wrapped up our third Estate123.com event for the year, so now it’s time for the recap! We had organised a feng shui talk before for our very first event at Hangout123 last year, and following the good feedback

Australian residential property price growth slows further in March

(Report by Wayne Cole/Reuters) Australian home prices rose only marginally in March while annual growth braked to its slowest in 31 months, a cooling that should please policy makers worried about the risk of a borrowing-fuelled bubble. Friday’s figures from

Australian brokers encouraged to diversify overseas, especially Malaysia

(Sourced from Australian Broker) Brokers in Australia should look to diversify their business and expand overseas in 2016, as the Australian property market starts to come off the boil. According to a recent poll conducted by Australian Broker, 53% of

Foreigners breaching Australian property ownership laws ordered to sell

The Australian government has ordered the sale of 8 properties owned by foreign buyers, over a breach of foreign investment rules. Treasurer Scott Morrison said the established properties were either purchased without Foreign Investment Review Board approval, or had gained

Investment in Perth, Australia: Peregrine Estate @ Piara Waters

Want to enjoy the perks of living in a peaceful suburban neighbourhood without compromising on quality education, retail, entertainment, recreation, and connectivity to the rest of Western Australia? Look no further, because Peregrine Estate at Piara Waters could be just

Australia probes into homes illegally purchased by foreigners

Earlier in May this year, the Australian government announced it would enforce strict rules and increase penalties for illegal property purchases by foreign buyers. Australian Treasurer Joe Hockey stated that the government would carry out a crackdown on foreigners who

A Quick Guide to Investing in Australian Property

Keen to invest in Australian property after going through our articles about investing? Well, here’s a quick checklist of items to manage your expectations (and finances!) and get you on the right track towards investing in Australian property. ✓ Qualification