Perth and Darwin Rental Prices Hitting Record Levels

Perth Darwin Rental Prices

It’s been a little while since we wrote an article about the cost of housing in Australia so thought it might be a good time to see what’s going on!. Having done a little research on the matter, it would seem that for some new arrivals to Australia, it’s not all good news. For those [...]

Phil Down Under returns – How to Apply for Phil Down Under

How to Apply for Phil Down Under

We got contacted this week by IWC Media who are the makers of ‘Location Location Location’ and ‘Relocation Relocation’. The production company are looking to identify people who will be emigrating to Australia before the end of 2010 who may be seeking assistance finding a new property abroad. I wrote an article about Relocation – [...]

Relocation: Phil down under

Relocation: Phil down under followed a couple buying this house on our street!

Relocation: Phil down under follows “relocation, relocation” TV host Phil Spencer as he helps British people who want to emigrate and buy a property for a new life Down Under. I’m not too sure if this program has already aired in the UK (or is being aired as I type) however last night I watched [...]

Perth the fastest growing city in Australia

Perth-bankwest

New data by the Australian Bureau of Statistics show Perth’s metropolitan area’s population grew by 3.2 per cent in the year 2008-09, making it the fastest growing metropolis in Australia. Combined with this, the City of Perth -which includes the CBD, East and West Perth and Northbridge – was the fastest growing local authority area [...]

Investment Property In Sydney Heats Up

Investment Property In Sydney Heats Up

It has been a busy start to the new year in the Sydney investment property market as good quality properties are being sold quickly to eager buyers – sometimes at their full asking price. I’m not yet sure whether this strong buyer demand will be maintained throughout the year – or whether the strong results [...]

Australian property boom kicks off 2010

australia real estate property boom

Australian house prices rose last quarter by the most since 2003, and combined with the expansion of the manufacturing sector the central bank may have to extend a record round of interest-rate increases. Economists are expecting Reserve Bank Governor Glenn Stevens to extend the benchmark lending rate, which reached 3.75 percent in December from a [...]

Sydney house prices in 2010 – heading Up, down or nowhere fast?

New South Wales releases State Migration Plan

I should preface this article by saying that unfortunately the crystal ball to tell us how Sydney house prices will weather the next 12 months has not yet been discovered.   So, if you are looking for someone to tell you this with certainty – keep looking – and tell me if you find that [...]

House Prices in Australia during the Global Financial Crisis

House-Prices-Australia

Whilst property values in the USA, UK and many western European countries have fallen significantly during the global financial crisis – Australian property values have held up relatively well. In fact median house prices in some Australian markets have actually increased during 2009. It is interesting to note that Australian property prices experienced some ‘correction’ [...]

Important changes to Australian visa holders’ property ownership rules

australian-property

Australian visa holders who own or who are looking to buy property in Australia are now subject to updated policies. As of the 31st March 2009, Australian visa holders must adhere to new regulations implemented by the Foreign Investment Review Board (FIRB). These include the re-definition of ‘temporary residents’ for investment purposes. An Australian temporary [...]

Australia versus the UK – Is Australia really the answer?

australia-house-price-income-trend

As the British economy hits rock bottom, thousands of skilled workers are looking abroad to start up a brighter, more stable life in a different economy. Traditionally, Australia and New Zealand have been a favourite destination for British skilled migrants, but it seems now their economies are also feeling the rippling effects of the American [...]

Rules Eased for the Purchase of Property by Temporary Residents of Australia

property-temporary-residents-australia

The Australian Government has announced a relaxation in its policy affecting the purchase of real estate by temporary residents living in Australia. Currently, all temporary residents and non-residents (including businesses) must notify the Australian Government through the Foreign Investment Review Board of their intention to acquire residential real estate, and must comply with post-purchase conditions [...]

Fantasy Homes Down Under – UKTV Style looking for participants

fantasy-homes-down-under-uktv-style

Fantasy Homes Down Under is a new series coming soon to UKTV and we’ve been contacted by Sarah, a member of the Fantasy Homes down under team, who are looking for people to take part in their new 5 part TV Series planned for 2009. “We are looking for British expats who are living in [...]

Australian First time home buyers the winners as grant increased

australian-first-time-buyers-grant

The federal government has announced a $10.4 billion package to help Australia counter the global economic crisis and first home buyers will be among the major beneficiaries. The global financial crisis has entered into a new phase and Prime Minister Rudd’s Economic Security Strategy is designed to strengthen the Australian economy in the face of [...]

Sydney Rental Market hits Crisis Point

I remember when we first arrived in Australia back in late 2006 and I wrote about the problems we experienced trying to find a rental property here in Perth. Speaking to friends and work colleagues who are currently in the ‘Rental market’ it seems that similar problems still exist, however compared to the other side [...]

Google Street View – Now that is useful!

There’s a ton of useful sites on the web that may help you decide where you’ll want to settle once you move to Australia. We’ve already spoken about the Australian Suburb Profiles which are available over at Domain.com and theres a number of great real estate websites which you can use to identify properties to [...]