Australian home buyers have recently paid attention to the Victorian housing market, and wealthy downtown is their best target. According to the latest realestate.com.au website research, the offshore inquiry activity of Victorian houses increased by 22% compared with the previous year. Australians living overseas have realized during the epidemic of the new coronavirus pneumonia “how…
Following the Federal Government’s announcement of a 688 million yuan home builder subsidy program (HomeBuilder), builders are experiencing substantial sales growth. This subsidy program gives cash subsidies of 25,000 yuan to buyers of self-occupied or hand-built suites who are eligible to prepare for the construction of new or renovated homes. In response, Tim Reardon, chief…
On Saturday, nearly a hundred people “gathered” together to watch the auction of a million-dollar mansion in Prahran, on the video conferencing software Zoom. Agent James said that if it is an offline auction, he believes that there will be a similar “crowd” size on the scene. “We have 5 bidders and 96 participants.” Located…
A bank in Australia has significantly reduced the deposit requirements for first-time buyers to help them purchase properties faster. West George’s St George Bank is trying to attract first-time buyers by reducing deposit requirements and reducing the lender’s mortgage insurance to almost zero. Starting on July 13, this regional bank will allow people who apply…
Under the recent blockade caused by the coronavirus, Melbournens who wanted to flee the area strengthened their determination to buy property. About 90% of buyers are currently from Melbourne, and since the first blockade, real estate transaction volume has tripled. Houses are now only sold through private treaties to meet the needs of Melbourne buyers…
Melbourne Red23 managing director Terry Portelli said: “We are currently seeing a weekly sales increase of 30% from the beginning of May, which is similar to the situation before the outbreak.” Monthly sales in Greater Melbourne and Geelong started from 1,100 in February And 900 in January fell to 576 in April. In May of…
As part of the government’s economic stimulus plan, about five million Australians affected by the epidemic will receive 750 yuan from this week. The Morrison government prepared to issue a second sum of money at the beginning of the outbreak. This money was used to support welfare recipients and stimulate the economy. This plan is…
House builders say construction workers are at risk of further unemployment in the short term, because any further delays in the HomeBuilder plan may force developers to suspend housing projects. The Ministry of Finance stated that as of June 29, 36,103 people had registered interest in the plan. Victoria accounts for the majority of interested…
An Australian developer and builder spent $25.3 million on a 20.8-hectare site in Ravenhall, west of Melbourne. The site is located at 31 Fuller Road. For this transaction, the developer and builder plan to develop a large industrial project worth more than A$100 million. The site has been under overall strategic planning with the Melton…
According to a plan being considered by the Morrison government, personal income tax relief worth billions of Australian dollars will be implemented at least one year in advance to help the economy escape the recession caused by the new coronavirus. This move has won the support of the Labor Party and is intended to help…