If you’re an Australia permanent resident and property-owner, you might be considering buying an investment property to rent out (or even letting your own). With yields ranging from 3.3% to 5.8% in the country’s major cities, there’s a real potential to get strong returns on renting out your property in Australia. As with many legalities, there are slight differences between various states and territories. Today, we’re covering the main areas you need to know, no matter where you are in Australia. Find out about tenancy types, rent regulation, lease agreements and more.
The property market in Australia is known for one thing – it’s expensive! However, the good news in 2018 for international buyers is that prices are getting slightly lower in many regions. In this property update, we have a look at where the property hotspots for you are and what you can expect if you’re hoping to purchase property in Australia.
Australia is putting new measures in place to cool the housing market and slow demand from foreign buyers. The good news is that most new rules are aimed at investors, not relocators.
By doing away with the controversial “457 visa” program for temporary skilled migrants and raising the importance of the need to speak English, the Australian government could help British people seeking a new life in Australia.