Foreword In Australia, mainstream real estate development is divided into two types: residential development and commercial development. Residential development is relatively intuitive, and small developments are more suitable for newcomers. Commercial development requires developers to have more experience, and it is high risk and high return. The main difference between residential and commercial development is…
Knight Frank, a world-renowned real estate consulting company, released a report saying that due to Australia’s leading position in the prevention of the new crown epidemic and the depreciation of the Australian dollar in the early days, a large number of wealthy Australian diasporas decided to return home to buy luxury homes. According to the…
After Australia’s unemployment rate reached its highest level in 18 years, people became increasingly concerned about the long-term health of the economy. The Morrison government has prepared to reform the A$70 billion JobKeeper program and continues to increase subsidies to the unemployed. Australian Prime Minister Scott Morrison (Scott Morrison) said that at present has not…
The median price difference between Melbourne units and detached houses has narrowed to between $150,000 for the first time in nearly three years. Experts believe that this is an important sign that the quality of new apartments on the market has improved. The latest statistics from the Australian Bureau of Statistics show that the median…