The developer has proposed a plan for a retirement community that will cost 160 million Australian dollars. The proposed project is located in the historic Beechley Manor on the Mornington Peninsula. As part of the proposal, the developer will preserve and restore the existing heritage-protected buildings on the site. The developer also hired heritage expert…
In this Victorian city where auctions are the bulk of the market, the extension of the ban on house participation and on-site auctions will end on October 26. The state government has hinted that it may relax the house auction earlier, and both buyers and sellers will be ready to wait for Christmas Do your…
Daniel Andrews told reporters yesterday that the average number of COVID-19 cases in Melbourne has fallen in 14 days and restrictions will be relaxed on Sunday. He hinted that the blockade restrictions could be relaxed as early as Sunday because the average daily number of new additions reached the lowest in three months. Melbourne’s 14-day…
A developer and a well-known hotel developed 40 hectares of land in Moonee Valley Racecourse. The construction project supervised by Camillo Builders has now started, and the $2 billion urban renewal project has been approved by an undisclosed major bank’s $73 million debt financing. Private developer Hamton is well-known for specializing in high-end residential and…
ANZ has required borrowers who want to purchase luxury properties in Melbourne to pay at least a 30% down payment. At the same time, the bank is implementing a loan-to-value ratio (LVR) 80% cap requirement similar to Western Australia in some areas of Melbourne, which means that borrowers need to have at least 20% of…
In the year to June, Australia’s house prices rose by 6.1%, ranking 19th out of 56 countries. The index tracks housing price trends in more than 50 countries around the world and finds that Australia’s ranking has risen 37 places from a year ago (ranking 56th). Data show that in the 12 months ending June…
Many city council fire regulations set deadlines for the removal of non-compliant exterior wall materials. Therefore, many owners’ corporations will levy special fees to cover the expenses of the related projects, or use financing to pay for the fees. So far, although the Victorian government has pledged to invest 600 million yuan to replace the…
The Royal Australian Mint calls it “donation Australian dollars”-a coin specially made that people hope people can donate. The Mint began producing 25 million donation coins-roughly one for every Australian-hoping to boost charity. The design of this special coin has a green center with golden ripples, symbolizing the continuous positive impact of each donation. This…
The Morrison government is actively considering the advancement of A$158 billion in personal income tax relief in the next month’s budget to push the economy out of the deepest recession since the Great Depression. Official data from the Australian Bureau of Statistics (ABS) on Wednesday showed that the economy contracted 7% in the second quarter…
Bank promotion The maximum cash back of ANZ for first time home purchase is 1,000 Australian dollars, as of 12.31, ANZ on-lending cash back is 1,200 Australian dollars (loan amount of 150,000-250,000) / 3,000 Australian dollars (loan amount of more than 250,000), as of 2021.1.22 ANZ Borrowers usually get the mortgage floating interest rate. The…
