Feed on
Posts
Comments

Tag Archive 'Australia'

NO ONE knows how much of Australia’s farmland is owned by foreigners. This is despite real estate agents reporting this week that international inquiries for rural land are at their highest in a decade.The Australian Foreign Investment Review Board and the Federal Government both said they did not track the amount of land purchased by […]

Read Full Post »

National Australia Bank Ltd. (NAB), the nation’s fourth-largest lender, bought a 35 percent stake in William Mack’s Area Property Partners as the U.S. firm seeks funding to expand its global real estate investments. Mack, chairman of New York-based Area, and Lee Neibart, chief executive officer, will remain in charge of all investment decisions, the real […]

Read Full Post »

Director of Sandhurst Residential Real Estate, Peter Righetti, is in the US this week to attend a Property Conference and his first email home paints a pretty grim picture for the real estate market in the USA. Peter writes: In recent months in Australia we have seen our property market quieten off a little with buyers […]

Read Full Post »

Australia has the jump on US: report

AUSTRALIA’S commercial property market is further down the road to recovery than the US. According to a report from Deloitte, Australia and the Asia Pacific region are leading the global recovery in real estate investment, while in the US the first glimmers of light are only just showing.The 2011 Commercial Real Estate Outlook found that […]

Read Full Post »

Although not as hot as in previous years, Australia’s housing market in 2010 was ranked No. 1 in the world by Toronto-based Scotiabank, an international financial organization that dates back to 1671.Top housing markets in 2010 (based on home price increases)Of the 12 advanced nations tracked by Scotia Economics’ latest Global Real Estate Trends report, […]

Read Full Post »

The party is over in Australia. Many anti-dollar investors and Pollyannas living down under just don’t realize it yet. Nonetheless, Australia faces an economic crunch as family finances collapse under the burden of record debts, rising interest rates and utility bills.Please consider Australians sinking under debt burdenWith banks warning they will be forced to raise […]

Read Full Post »

More Brits buying homes in Australia

The Australian property market is being swamped with enquiries from overseas buyers including many purchasers from the UK, according to the Real Estate Buyers Association of Australia. According to data compiled by the Real Estate Buyers Association of Australia, foreigners purchased £14.5 billion worth of properties in Australia during the peak of the global financial […]

Read Full Post »

Prices for property in Western Australia have dipped by 30 percent based on information released by the Real Estate Institute of WA.Now is the best time to buy property in the area. In Perth alone, there is a 40 percent oversupply of property, forcing sellers to either agree to a lower price or wait when […]

Read Full Post »

Outrigger Enterprises Group has reaffirmed its intention to expand throughout Australia following the signing of a Memorandum of Understanding with property developer Meridien to manage two new waterfront resorts at the US$754M Port of Airlie at Airlie Beach in North Queensland. Outrigger will initially manage Meridien’s Boathouse Apartments which are expected to welcome their first […]

Read Full Post »

Since the Australian market is almost regulated by its mortgage system hence the government wants more foreign banks to enter and grow their local operations in the country.The reports reveal that international banks have a very little share in the stock market of Australia that is already dominated by its four big local banks. And […]

Read Full Post »

Older Posts »