Unprecedented shutdowns to contain the spread of coronavirus have disrupted Australia’s property market for the foreseeable future.
Public auctions and open homes are now banned as the federal government moves to limit large gatherings of people to contain the virus.
Further lockdowns are anticipated and there’s no end in sight yet, but buyers and sellers are continuing to transact, despite the unusual circumstances.
If you are not a permanent resident or citizen of Australia, there are some laws that may apply to you when purchasing real estate in Australia. In recent years, there are legislations that tightened the rules of purchasing foreign investments and made it a complex process to purchase real estate in Australia with foreign income. Here are some information regarding purchasing real estate in Australia as a non-resident.
Deciding to sell your home is one of the biggest property decisions you will ever make. It can be stressful and emotions can run high. However, you can ensure that you make the right and smart decisions with the right preparation and research. Having a supportive real estate agent can also ensure that the selling process will be as smooth as possible. If you’ve never sold a property before, it’s hard to know where to start. Here are the 7 steps to selling your property!
‘Financial Fasting’: 7 Simple and Easy Ways to Slash Spending and Speed Up Saving for a Home Deposit
Saving for a home deposit can be tough, and is usually the biggest hurdle faced by first-home buyers.
Herald Sun - How to predict property prices in Melbourne’s changing auction market