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Introduction In Australia, purchasing and investing in real estate includes various options such as apartments, houses, townhouses, and land investments. Another investment method that is particularly popular among Australian investors is the House and Land Package. On the surface, it seems straightforward—buying land and a house together—but how does this differ from traditional investment types? What exactly is a House and Land Package? What is the process of purchasing one? How does the cost compare to buying an existing house? What are the advantages of this type of investment? This article will explore these questions in detail. 1、What is a House and Land Package? A House and Land Package is a method of selling a house and land together as a package. This approach is not only very popular in the Australian market but also highly favoured by overseas investors. For many buyers, building a house is a challenging process that requires coordination with designers, builders, plumbers, and other professionals. It involves numerous complex steps, including planning approval, design, building permits, and construction. This complexity makes purchasing a house quite daunting. Therefore, many sellers offer packaged services to simplify this process. As the House and Land Package model gains popularity, these services have become more comprehensive. By providing House and Land Packages, buyers only need to choose their preferred plot and house design, significantly simplifying the process. This approach greatly benefits buyers and represents a win-win solution. So, what is the process for purchasing a House and Land Package in Australia? What should we pay attention to during this process? 2. The Process and Considerations for Buying Land and Building a House in Australia The process for buying land and building a house in Australia can be summarised in the following steps: Reserve a house design and select the land. Sign two separate contracts. Contract terms become effective. If a loan is needed, apply for it three months before the land settlement. The government issues the land title certificate and the land settlement is completed. Prepare for construction to begin. Pay construction costs in stages. Upon completion, pay the final construction cost. Conduct a pre-handover inspection. Official handover. This process requires significant buyer involvement. Based on years of experience in the real estate industry, here are some important considerations: 2.1. Find a Developer Offering Suitable House and Land Packages Look for a developer who offers house and land packages that meet your budget and requirements. When choosing, pay attention to the land's location, topography, size, shape, width, and length. Also, consider the distribution of underground pipelines and the fire hazard rating index. It's essential to understand what is included or excluded in the package, as all builders and packages vary. Standard inclusions for new homes generally encompass a fully equipped kitchen and bathroom, doors and windows, built-in wardrobes, power outlets, TV and phone sockets, fans, stairs, and tiles. However, interior designs, driveways, landscaping, and fencing often incur additional costs. Depending on the price and style of the house, builders may offer extra features such as carpets, tiles, stone kitchen benchtops, or stainless steel appliances. When making a selection, ensure you know which facilities are included and which require extra payment to avoid unnecessary expenses and budget overruns. 2. 2 Pay the Deposit and Sign Contracts Once you have selected your house and land package, have a lawyer draft the purchase contracts. Typically, there are two separate contracts for house and land packages: one for the land purchase with the landowner and another for the house construction with the builder. These contracts are entirely independent of each other. 2.3 Permit-Related Checks: Obtain Building Permits and Related Documents Before engaging a builder for a house and land package, verify their licences and builder's insurance certificates. This step ensures that the builder is legally permitted to carry out the construction and that you are protected against potential liabilities. 2.4. House Design and Construction Plan The most crucial step is to choose a reputable builder and collaboratively select an appropriate house design plan. Here are some key questions to ask the builder: What is included and excluded in the building contract? The price of a display home might include premium fixtures, finishes, and appliances, which might not be part of the standard package. Layout: If you want to change the layout of the rooms, discuss this with the builder in advance. Making changes on the fly can cause issues for the builder. Construction timeline: Discuss when construction will begin and how long it will take. Environmental features: The costs of utilities such as electricity, water, and gas might rise, so it's essential to discuss and inquire about any potential risks associated with your land's infrastructure. This is the most time-consuming and critical step, requiring the buyer to closely follow the builder's progress and monitor the project constantly. Failing to do so might result in dissatisfaction with the final product. During this phase, focus on selecting a high-quality, reputable builder, adhering to building regulations, ensuring the land width matches the building width, finalising the interior layout, and confirming the handover standards with the builder. 2.5  Monitoring the Construction After signing the house and land package contracts, buyers typically know the new home's appearance, floor plan, and features. However, this doesn't mean things can't go wrong or be misunderstood by the builder. Buyers need to regularly check their building to monitor progress and ensure it meets their expectations. This doesn't mean buyers can enter the construction site at will. Entering the site without the builder's permission or when the builder is not present is not only forbidden but also dangerous. 2.6 Signing and Moving In Congratulations! Your house is ready! Before moving in, you need to sign various legal documents, and it is advisable to hire a professional lawyer to oversee this process. You will receive the keys to your house, user manuals, appliance warranties, and other relevant documents from the builder. Like apartments, Australian houses are handed over fully furnished, with features such as a stove, range hood, oven, and dishwasher already installed. 3. Costs of Buying Land and Building a House in Australia (2024 Update) Recently, many clients have been asking about the costs associated with buying property in Australia. In response, my team and I will be publishing a detailed article breaking down the costs of purchasing and holding property in Australia. Here, I will give you a quick overview to provide a basic understanding of the costs involved in a house and land package. 3.1 Legal Fees Approximately AUD 2,500-3,000. 3.2 Stamp Duty For house and land packages, stamp duty is only payable on the land component, not the house. Stamp duty rates and available concessions vary significantly across the country and can change over time. Therefore, we recommend consulting with an accountant or lawyer to get the latest information on stamp duty in your specific state or territory. Here are some general references for stamp duty charges in different states: Victoria South Australia Queensland South Australia Western Australia Tasmania ACT North Territory Source: https://www.savings.com.au/calculators/stamp-duty-calculator 3.3 Additional Stamp Duty for Foreign Buyers (Stamp Duty Surcharge) For buyers from overseas who are not Australian citizens or permanent residents, there is usually an additional stamp duty surcharge of around 7%-8%, varying by state*. It is important to note that the definition of a foreign buyer varies by state, so make sure to check the official state websites to determine if you are classified as a foreign buyer. *For specific figures, please refer to the official state websites for the most up-to-date information. 3.4 FIRB* (Foreign Investment Review Board) Starting from April 9, 2024, the cost for foreign buyers to purchase second-hand properties will triple. However, buyers of house and land packages need not worry, as the application fee for new homes and vacant land remains unchanged. This is a significant advantage of buying a house and land package.  *Please note that these fees are valid until June 30. We will provide updates on any changes that take effect after July 1. 3.5 Additional Costs Additional costs for buying property in Australia include loan application fees, title transfer fees, and various other charges. 4.Advantages and Disadvantages of Buying House and Land Packages in Australia Advantages: a.Significant Stamp Duty Savings : Stamp duty is only applicable to the land component of house and land packages, making it an attractive option for overseas buyers. Additionally, there are subsidies and stamp duty exemptions for first-time homebuyers, further benefiting buyers. b.Spacious Living Space in Detached Houses : Compared to the average size of dwellings in Hong Kong, detached houses in Australia offer larger living environments. c.Design Freedom : Buying a house and land package allows buyers to choose their own architects and interior designers, enabling them to tailor the design, layout, and details of their home to their preferences. d.Strong Appreciation Potential : The limited availability of land for detached houses in major cities like Brisbane, Sydney, and Melbourne has driven up the value of such properties, making them a potentially lucrative long-term investment. e.Ample Financial Preparation Time : Payment for house and land packages is typically made in stages as construction progresses, providing buyers with ample time to prepare financially. Disadvantages: 1.Location : Suitable land for house and land packages is usually located far from the CBD or in new development areas, as land in CBD areas may be scarce. 2.Hidden Costs : It is essential to carefully review contracts to understand which facilities incur additional charges. Many costs may only become apparent after signing the purchase contract, emphasising the need for careful contract examination. Conclusion: Buying property, whether a house or a house and land package, is a significant financial decision that requires a comprehensive evaluation of costs, risks, and investment returns. Before investing in the Australian property market, it is crucial to analyse property price trends thoroughly.  Understanding the dynamics and trends of the Australian property market can help investors more accurately assess risks and potential returns. Therefore, before considering investing in the Australian property market, thorough market research and risk assessment are essential. This not only helps make informed investment decisions but also reduces investment risks and increases the chances of investment success. Alison's channel provides weekly updates on the latest property price-related resources and references to help Australian property investors better understand market dynamics. Whether through professional property market reports, online resources, or expert opinions, they provide more comprehensive and accurate information support for investors. These resources not only help individuals better understand market trends but also guide them in formulating more effective investment strategies, thereby increasing the success rate and return on investment. Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

When you choose to study in Australia, tuition fees account for a relatively large proportion of the cost. Tuition varies according to school rankings, regions, majors, and so on. Fees are lower in general schools, in remote areas and for unpopular majors. Tuition fees for popular majors and the top eight universities are generally more expensive. So how much will Australian Masters tuition fees set me back in 2024? 1. What is the approximate tuition fee for a Masters degree in Australia? 1.Australian National University (ANU) Master of Arts: $41,030 - $43,790 per year Master of Asia & the Pacific: $41,030 - $49,330 per year Master  of Business: $41,790 - $46,680 per year Master  of Engineering and Computer Science: $49,330 per year Master  of Law: $46,680 per year Master  of Medicine: $49,330 - $54,880 per year Master of Science: $49,330 per year *Source:   ANU Higher Degree Research Tuition Fees  2. The University of Melbourne Master of Architecture: Approximately $49,088 per year Master of Arts: Approximately $41,056 per year Master of Business: Approximately $43,920 - $52,448 per year Master of Education: Approximately $46,880 per year Master of Engineering and IT: Approximately $52,880 per year Master of Law: Approximately $51,264 per year Master of Science: Approximately $48,960 - $52,448 per year *Source:   The University of Melbourne 2024 International Fee Table 3. The University of Sydney Architecture, Design and Planning: $44,000 – $47,000 per year Arts and Social Sciences: $45,500 – $52,500 per year Business: $53,000 – $56,500 per year Economics: $47,500 – $53,500 per year Education and Social Work: $49,500 per year Engineering and Computer Science: $53,000 – $56,500 per year Law: $49,500 – $56,500 per year Medicine and Health: $56,000 – $77,500 per year Music: $43,500 per year Science: $53,000 – $56,500 per year *Source:   The University of Sydney International Student Tuition Fees 4. The University of Western Australia Master of Business: Approximately $43,200 per year Master of Engineering: $49,900 per year Master of Computer Science: $49,900 per year Master of Humanities and Social Sciences: $37,500 - $49,900 per year *Source: The University of Western Australia Fees 5. University of Adelaide Master of Medicine and Health: $49,500 - $60,000 per year Master of Arts: $52,500 per year Master of Business: $48,500 per year Master of Law: $48,500 per year Master of Computer Science: $53,000 per year Master of Architecture: $49,000 per year *Source: University of Adelaide Postgraduate Research Degrees International Student Fees 6. Monash University Master of Arts and Design: $47,500 per year Master of Business: $53,000 per year Master of Engineering: $55,500 per year Master of Law: $51,500 per year Master of Education: $37,000 per year Master of Medicine: $40,600 per year *Source:  Monash University Fee Rates Calculator 7. The University of New South Wales Arts and Design: $41,760 per year Business School: $56,160 per year Engineering School: $52,240 per year Law School: $41,760 - $55,200 per year Medical School: $55,440 per year Science School: $52,320 per year *Source: The University of New South Wales Fees 8. The University of Queensland Business School: $48,160 per year Engineering School: $51,200 per year Law School: $48,160 per year Arts and Design: $36,672 per year Medical School: $46,832 per year Science School: $51,200 per year *Source: The University of Queensland Fees 2. Can I apply for scholarships to study in Australia? Masters students can apply for many types of scholarships and grants to reduce the financial burden of Australian Masters tuition fees. Here are some of the types of Masters scholarships in Australia: Australian Government Scholarships: Scholarships offered by the Australian government, such as the Australia Awards Scholarship and the Australia International Education Development Scholarship, can support a student’s tuition, living expenses, air tickets, etc. Australian University Scholarships: Scholarships offered by Australian universities, such as the Melbourne International Graduate Scholarship and the Sydney International Scholarship Graduate Scholarship, can subsidize a student’s tuition and living expenses. Professional scholarships: Different majors and disciplines may provide corresponding scholarships, such as business, science, engineering, medicine, etc. Scholarships for external institutions: These include scholarships provided by enterprises, organizations and foundations, such as the CSIRO Postgraduate Scholarship. It is important to note that scholarship application conditions and processes are different, and some scholarships may require international students to apply in advance or when applying to universities. Therefore, when applying to study in Australia, particularly a Masters degree in Australia, it is recommended that international students understand and plan in advance to apply for Masters scholarships in Australia. It’s also recommended that they consult relevant institutions and international student offices and other departments. Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

The full name of the GTI is the “Global Talent Independent Program”, which aims to get cutting-edge overseas talent in Australia in various fields. It is a special application channel for outstanding talent for 858 skilled visas in Australia. Due to the attraction of the GTI project’s advantages, it is favoured by Hong Kong citizens. Competition for GTI applications is becoming increasingly intense, and the time to wait for the invitation has also been extended. However, GTIs are still one of the best channels for skilled migration to Australia. This article introduces the specific requirements and application steps for Australian GTI immigrants in detail, so my Hong Kong friends can meet the requirements of Australian GTI immigration. June 2024 GTI Australia Immigration Project Update The Australian government announced significant changes to the Global Talent Independent (GTI) visa program in the 2024-2025 Federal Budget released in May. By the end of 2024, the 858 Global Talent Visa will undergo a transformation and be renamed the National Innovation Visa (NIV), with an expansion to include entrepreneurs. In the 2024-2025 financial year, the existing GTI visa will continue to be implemented, but the quota will be reduced from 5000 to 4000, with the 1000 reduced spots being allocated to eligible NIV applicants. However, applications submitted before the implementation of the new policy will be processed according to the current GTI requirements. The Department of Home Affairs will manage the transition of existing applications to the National Innovation Visa, providing support to current GTI applicants to ensure they are not unduly disadvantaged. 1. What is a GTI immigration visa? GTI is a new skilled migration approach launched by the Australian Ministry of Interior on November 4, 2019. The project cooperates with Australian universities, industry institutions, and state and local governments to attract elite talent in cutting-edge fields to immigrate to Australia to promote the development of Australia through transfer skills, promote innovation, and create employment opportunities. The global talent competition is becoming more and more enthusiastic. Under the development model of innovation and knowledge, this will change rapidly in the future. At present, the supply of local talent in Western developed countries may not be able to keep up with the pace of development. Introducing foreign talent according to a skilled occupation list is a fast-acting solution to fill the lack of human resources. As an immigrant country, much of Australia’s work depends on overseas input, especially the fintech industry. Australia has always relied on technical immigrants. 2. Hong Kong Outstanding Talent Application for Immigration Australia GTI Conditions Requirements 1. Australian GTI immigration requires skilled migration applicants to have no criminal records and be in good health. 2. In the past, there has been no record of Australian authorities refusing or canceling the Visa. 3. The applicant must meet the annual income requirements of $153,600. The income requirements may change on July 1 each year. Applicants applying as GTI immigrants must provide wages, such as contracts or payments. Alternatively, they must prove that their future salary will meet the requirements or that they have recently obtained a doctorate relevant to the skilled occupation list. 4. Australian GTI immigration requires the applicant to have an IELTS of at least 4.5. 5. GTI immigrants have no age requirements, but if the applicant is under 18 or more than 55 years old, they must prove that they can make extraordinary contributions to the Australian community in the future. 6. Applications for Australian GTI immigrants require recommendations. The referee must be a professional in the same field as the applicant and an Australian citizen, permanent resident or New Zealand citizen, or a reputable Australian organisation in the same field. If the applicant is personally recommended by a highly reputable organisation from the skilled occupation list, it will be more effective. 7. GTI immigration requires applicants to live and settle in Australia. Applicants must ensure that they can find a job in the industry in Australia and receive income. 8. There are specific professional achievements. 9. Hong Kong citizens apply for the Australian GTI immigration process. 10. Fill in and submit the global talent visa plan intention (EOI table). 11. Submit the paper version of the Australian GTI visa application. 12. Perform physical examinations and add biological characteristics information. 13. Notice of the results of the Australian GTI visa immigration application. 4. Australian GTI immigration visa advantage 1. One-stop visa application for the whole family: GTI immigrants can obtain a permanent resident skilled visa in Australia in one step and save time and money, avoiding a temporary visa before applying for permanent residence. The one-step style also allows applicants to immigrate with their spouse and children under 18. 2. No high investment, low threshold: Compared with the entrepreneurial immigration visa, the Australian GTI skilled migration visa does not require applicants to invest in Australia. In addition, there is no settlement capital requirement. As long as you can find a job in Australia and guarantee the required annual income, you can immigrate to Australia as a GTI. 3. No score requirements: Different from the scoring requirements of the Australian Technology Immigration Program, there is no requirement for a GTI visa. When you can show relevant achievements from your industry, you can apply for a GTI skilled visa in Australia. 4. Priority application process: After submitting an 858 visa application through the GTI skilled migration plan, a specific identity certificate will be received. Through this, applicants will be regarded as the highest priority, significantly shortening the processing time. 5. Short evaluation time: The processing time is expected to not exceed three months. 5. What is the difference between GTI and independent technical immigrants? The main difference is that applicants for GTI only need to be higher academic talents in the designated industry in Australia. The focus is on academic contributions relevant to the skilled occupation list. Therefore, how to show their academic achievements during the application process has become the key factor for many Australian GTI immigrants. 6. What are the requirements of Australia’s industry in GTI immigration applicants? You must be able to demonstrate exceptional talent in one of the seven target sectors: AgTech, Space and Advanced Manufacturing, FinTech, Energy and Mining Technology, MedTech, Cyber Security, and Quantum Information, Advanced Digital, Data Science and ICT. You must be nominated by a recognised Australian organisation or individual who has a national reputation in the same field as you. You must have a record of outstanding achievement in your area of expertise, and have the potential to become a global leader in your field. You must be able to obtain an internationally recognised record of exceptional and outstanding achievement in your area of expertise. You must meet the relevant skills and qualifications requirements for your area of expertise. You must have the capacity to contribute to the Australian economy and community through your exceptional talent. You must be able to satisfy health and character requirements. 7. The latest approval data for GTI immigrants in Australia In the fiscal year of Australia 2021-22 (2021.7.1 to 2022.6.30). The quota and approval of the Australian GTI immigration in the past fiscal year are as follows (GTI projects start on 2019.11.4): 2019-2020: quota 5000, approval 4109; 2020-2021: 15000 quotas, approval of 9584; 2021-2022: quota 15000, approval 8776; 2022-2023: There is a 5000 quota, a reduction of two-thirds. According to news released by the Immigration Bureau, the number of applications and invited applicants for Australian GTI immigrants in Hong Kong has been far ahead of the world. For example, there were 8,698 applicants from Hong Kong from 2021 to 2022, accounting for 9.9% of skilled visas in Australia. Do not miss out, qualified Hong Kong friends. You can also watch the video below to learn more about buying property in Australia: Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

Table of content Sydney Property Investment Strategy Melbourne Property Investment Strategy Brisbane Property Investment Strategy Perth Property Investment Strategy Adelaide Property Investment Strategy Canberra Property Investment Strategy Darwin (Northern Territory) Property Investment Strategy Hobart (Tasmania) Property Investment Strategy As we enter April, the Australian property market is about to enter an active investment cycle, with many property investors eager to enter the market. However, with such a vast Australian property market, how do you make a wise choice? How should I choose an Australian investment strategy? Among the real estate in the eight major cities, which one is worth investing in? If you only focus on one city or target one or two recent hot cities, you may miss out on better investment opportunities. After researching nearly a hundred reports and related data on the market, my data analysis team and I have compiled this Australian property investment guide for the eight capital cities to help you make money. If you want to make money but don't know where to invest, there's no need to search for fragmented information everywhere. This article will meet all your needs. Sydney Property Investment Strategy Sydney Market Features As of now, the median house price in Sydney is $1.139 million, making it the most expensive city in the country, with an annual growth rate of 9.6%. The latest data shows that current prices are only 1.4% lower than the peak reached during the Sydney lockdown, so new records are expected to be set soon. With sellers returning to the market, the total number of properties listed for sale in Sydney is higher than the same period last year, but overall supply remains limited. Some buyers are becoming more cautious as their budgets tighten. However, the clearance rate in 2024 remains strong, which will support prices. Sydney Investment Opportunities Similar to Melbourne, the Sydney property market is not homogeneous. Due to the ongoing affordability crisis, buyers are seeking more affordable segments within the market. According to Corelogic statistics, 54% of non-detached residential properties in Sydney have seen price increases higher than detached houses, making the apartment market an area of interest for investors. Among them, apartments in Inner West, Eastern Suburbs, and Lower North Shore have seen the largest increases. Clovelly apartments have risen by 7.9%, more than 6 times the rate of detached houses in the area. Strathfield South apartments have increased by over 9 times the rate of detached houses. Apartments in Greenwich, Dundas, Burwood, and Hurlstone Park have also increased by 6 times the rate of detached houses, while apartments in Bronte, Ashfield, and Willoughby have seen increases of over five times. Melbourne Property Investment Strategy Melbourne Market Features In 2023, I predicted a turning point for Melbourne's property market in the channel. Apparently, Melbourne's property market has not performed as strongly as some other capital cities over the past year. Currently, the median house price in Melbourne is $779,000, with an annual growth rate of 3.2%. Melbourne's auction market performed well last year, with a total of 41,302 houses auctioned, making it the busiest market among the eight capitals in 2023. The clearance rate was second only to Sydney and Adelaide, reaching 64.3%, higher than the 61.8% during 2022. Melbourne Investment Opportunities The relatively sluggish growth rate but highly active auction market in Melbourne may make investors hesitate, unsure if now is a good time to invest in the Melbourne property market. Investing cannot just look at the overall data of the city, but must delve deeper into different areas: Melbourne's real estate market is diversified, and in fact, in 2023, the house prices in several areas of Melbourne exceeded the national average price increase. Areas worth noting include Fitzroy, Melbourne, with a growth of 16.4%, Burwood and Maribyrnong with a growth of 11.9%, Chadstone with a growth of 11.0%, and so on. Take a serious look at this table. These are not Melbourne's elite areas; the performance of the "internet celebrity areas" under discussion is disappointing, such as the sluggish housing market in Toorak and Brighton. So, markets like Melbourne create opportunities for strategic real estate investors because some areas of Melbourne have huge potential for value appreciation, requiring you to have a pair of eyes to discover gold. It is worth mentioning that Victoria's land tax system can be said to be the highest and most complex among the eight capitals, and the addition of a vacant property tax (specifically, you can watch my video "The Hidden Costs Behind Homeownership") has also made Victorian investors complain. Recently, Victoria has issued a new policy: starting from May 1st, all residences must achieve a 7-star rating under the National Residential Energy Efficiency Scheme, which means energy savings can indeed reduce residents' expenses, but at the same time, this means that all builders must incorporate some standards, which may lead to an increase in construction costs for all residences by $10,000 to $20,000. On the one hand, it encourages potential buyers to sign construction contracts before May 1st to avoid price fluctuations, and on the other hand, the increase in construction costs will affect the supply of new homes. It seems that the Victorian government is playing chess again, what do you think? Brisbane Property Investment Strategy Brisbane Market Performance As of April 1st, the median house price in Brisbane reached $817,000, with a year-on-year increase of 15.9%. As a perennial "runner-up" in various rankings, Brisbane's real estate market has surged during the pandemic, growing from a low to a peak by 55.2%, and prices are currently at a new high. Brisbane has never been a city that hosts many auctions, but the strong clearance rate indicates that the additional supply is struggling to meet the growing demand. Brisbane Investment Opportunities This may be good news for landlords, but Brisbane's rental market is facing a more challenging situation for tenants: the vacancy rate is approaching a historically low level, and rents are generally high—Brisbane's house vacancy rate is 0.9%, with rents rising by 9.3% over the past year; while the apartment vacancy rate is 1.0%, with rents rising by 24.8% over the past year. The 2032 Olympics in Brisbane will bring greater pressure on property prices, and the government's demand for infrastructure and transportation upgrades in the lead-up to the Olympics will drive the development of Brisbane's real estate market. The Alison team recommends focusing on the following areas: Macgegor became the best-performing suburb for houses in Brisbane in 2023, with a growth of 24.7%; Slacks Creek saw a 27.4% increase in apartment values; Moranbah has shown strong rental performance, with house rents rising by 20.5% and apartment rents rising by 19.6%. Perth Property Investment Strategy Perth Market Performance Perth, with a median price of $703,000, has seen a 19.8% annual growth rate, which can be described as skyrocketing. Perth's real estate started a bit later than Brisbane's, initially being called the "second Brisbane" by investors. However, after market consolidation, Perth has surpassed Brisbane's momentum and become the top-performing city in the property market. Perth properties are also the most frequently asked about by customers recently, with some customers buying two properties at once, and all done remotely. Because the listing quantity in Perth is also very tight, the average rent has reached $703 per week, indicating that Perth's market is equally challenging for both tenants and buyers—a situation of high demand and low supply. Perth Investment Opportunities It is expected that by 2036, Perth's population will grow to 3.5 million, accounting for 80% of Western Australia's growth rate, with a population growth rate of 1.7% expected for 2024-25. Strong population growth will keep the demand for housing sales and rentals in Perth stable in 2024. Meanwhile, dominating a third of Australia's trade, the mining industry in Western Australia is globally competitive. To achieve industrial diversification, Western Australia has also supported industries such as tourism, livestock, soft skills, and AI in recent years. Therefore, the future development and economic prospects of Perth are immeasurable, and the volume of immigrant buyers will only increase. In fact, the characteristic of Perth's real estate is that the low investment threshold and high-return investment opportunities are fleeting. Perth has many hidden investment areas to explore, and the Alison team will continue to search for high-quality properties to bring to you. Adelaide Property Investment Strategy Adelaide Market Performance As of April 1st, the median price for properties in Adelaide is $734,000, with an annual growth rate of 13.3%. Adelaide has emerged as a new star in the real estate market in recent years, showing impressive performance. In 2023, Adelaide achieved an exceptionally high clearance rate of 73.9%, ranking first in Australia. This demonstrates the strength and depth of Adelaide's real estate market. Despite starting later, several new suburbs in Adelaide joined the "million-dollar club" last year. As of December, the median prices in 12 areas, including Seacliff, Glenelg North, Glengowrie, Clarence Gardens, and North Brighton, all surpassed seven figures. Adelaide Investment Opportunities According to the latest results from the CommSec State of the States report for 2024, South Australia ranks first in the Australian economy. Its main advantages lie in the performance of the property market, the completion rate of builders, and the unemployment rate. As the leading agricultural state in Australia, South Australia exports high-quality food and wine worth $20.3 billion annually. This aligns with Adelaide's strong property market performance and the recent strengthening of the state's economic strength. Additionally, on March 12, 2024, China announced the cancellation of tariffs on wine between China and Australia, which may further drive the development of South Australia's economy. Currently, Adelaide's vacancy rate is at a record low of 0.5%. There is no denying that Adelaide offers many investment opportunities. Areas worth focusing on include Playford, with growth of 18.4%, Salisbury with growth of 17.5%, Gawler with growth of 15.5%, Campbelltown with growth of 15.5%, and Walkerville with growth of 15.1%. Canberra Property Investment Strategy Canberra Market Characteristics As of April 1st, the median price in Canberra is $838,000, with an annual growth rate of 1.9%. Despite experiencing a 31.2% increase during the pandemic, Canberra's property values have since declined and are currently 6.1% lower than the peak in May 2022. As the capital of Australia, Canberra has unique characteristics in the property market. Its median property price is the second-highest in the country, second only to Sydney, and shows a stable upward trend. Over the past five years, Canberra's property market has maintained a balance between supply and demand, seemingly without the drastic fluctuations seen in other capital cities, but it continues to offer moderate growth for investors. Truly living up to its status as the nation's capital, even its property prices exude a sense of "reassuring stability." Canberra Investment Opportunities Being the capital, Canberra's job market is dominated by public service and government employees. Data from profile.id shows that nearly 12.5% of Canberra's population is engaged in public service, and the high cost of housing in Canberra is supported by this job market. Economist Ligdopoulos mentioned that Canberra is experiencing a shortage of new medium-density housing, including new homes and developments, which may support the city's future growth. However, due to a lack of new housing in the market, older properties in Canberra will face fierce competition. Canberra's apartments have shown remarkable performance. Areas to focus on include Woden Valley, which saw a growth of 12.7%, and the Inner South area, where apartments achieved a 12% annual growth. Investors should pay attention to these areas. Overall, with a strong public service sector as its backbone, Canberra will remain a stable and reliable growth area for a long time. Darwin (Northern Territory) Property Investment Strategy Darwin Market Characteristics As of April 1st, the median price in Darwin is $498,000, with an annual growth rate of 0.5%. Darwin remains the most affordable city to buy property, with a median price of $573,000 for houses and $367,000 for apartments. The city is known for its relaxed lifestyle and low population density, which has become an additional advantage in the post-pandemic era. Many investors have shown interest in Darwin's real estate market since the pandemic. While the Darwin property market is relatively stable, the average rental performance is good, reaching $583 per week. The low property prices have increased the average total rental yield to 6.5%, the highest among all cities. Darwin Investment Opportunities As the most affordable capital city to purchase an apartment, Darwin's affordability will attract more buyers. In 2022-23, the employment rate in the Northern Territory (where Darwin is located) increased by 4.1%. The government expects a further 2.2% increase in the employment rate in 2023-24, along with a 2.8% increase in wage prices. It seems that the Northern Territory government's plans for job opportunities are taking effect. The efforts of the Northern Territory government may push the property market higher in the long term, with property prices likely to gain momentum in mid-2024 or next year. Several northern suburbs of Darwin are potential hotspots for property investment in 2024. These include Alawa, which saw a 19.1% increase, Jingili with a high rental yield of 6.2%, and Leanyer, where rents increased by 10%. Hobart (Tasmania) Property Investment Strategy Hobart Market Characteristics As of April 1st, Hobart's total return rate is 7%, with a median house price of $649,000. It currently ranks towards the lower end in terms of return rates among the eight capital cities in Australia, with an annual growth rate of only 0.5%. According to official statistics from the ABS for the period 2016-2021, the price trend for Hobart has been somewhat volatile, indicating that investors can still find opportunities to enter the market at a lower point. Therefore, this city has always been a favorite for speculative real estate investors. Hobart's performance was largely lacklustre in 2023, with Tasmania's clearance rate of 29.6% ranking last when the average clearance rate for all capital cities in Australia was 64.9%, indicating a relatively weak auction market. The reasons for the relatively sluggish market can be traced back to rising interest rates leading to a significant decrease in borrowing capacity, as well as a sharp slowdown in population growth in Tasmania. Hobart no longer has the affordability advantage it once had, and low-priced suburbs lack future projects. Hobart Investment Opportunities However, opportunities still exist. Hobart's fundamentals are solid, with unique economic and natural resources. After easing inflation, Hobart's property market is expected to regain its previous vitality. For those looking to invest or own property in Hobart, there are still some excellent, affordable, and livable suburbs to choose from. For houses, consider Warrane, Berriedale, and Glenorchy in Hobart; for apartments, consider Bellerive, New Town, and Glenorchy areas. With Tasmanian Premier Jeremy Rockliff recently re-elected, he has promised that young Tasmanians will not have to pay any stamp duty when purchasing a home for under $750,000. Over the past six years, the Tasmanian government has used a unique policy of a 50% stamp duty discount to help many Australians buy their first homes, and the Tasmanian government has spent a lot of money to promote the property market and economy. Conclusion For those who have read this far, you may have noticed that there is no city that can be called the "warrior of hexagons," and each city has its own strengths and weaknesses. The ratings above are based on nearly a hundred reports and data analyzed by me and my data team, summarising the real estate data objectively for everyone. If your preferred investment area differs from the analysis in this video, that's perfectly normal. I can responsibly tell you that every city, every neighborhood, and even every street has its own property cycle. Therefore, even top economists cannot definitively say which city is the perfect investment city. This also means that cities ranked lower may also hide top-notch investment opportunities. Choosing an ideal target is not easy. The most important thing in real estate investment is to accumulate experience, observe patiently, and analyze with data. The "perfect score" Australian property may be closer than you think along your investment journey. 。 Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

Table of content 1. Review of the Australian Property Market in 2023 2. Outlook for the Australian Property Market in 2024 3. Analysis of Future Trends in the Australian Property Market Introduction "Freehold ownership, no estate tax, private ownership of land and properties, and the ability for overseas individuals to obtain loans“ – after comparing different countries' property markets, investors truly appreciate Australia's approach to regulating its real estate sector from the perspectives of both buyers and investors. Australia boasts the most stable investment environment in real estate, with a well-developed social system and a stable political system. This makes Australia one of the few countries with a consistently stable economy. With the trend of investing in Australian real estate on the rise, more and more investors, including overseas investors, are choosing to invest in the Australian property market among many countries. So, what will be the trend of the Australian property market from 2024 to 2025? How should investors approach the near future of the Australian property market with the right mindset and strategy? This article will take you through a review of the history of the Australian property market and analyze and explain the future trends of the Australian property market, providing insights to help you clarify your investment strategy. 1. Review of the Australian Property Market in 2023 1.1 Review of Major Events in the Australian Property Market Looking back at 2023, the Australian property market witnessed significant events that shaped its development trends over the past year. Starting from May 2022, the Reserve Bank of Australia (RBA) embarked on an aggressive cash rate tightening policy to control inflation. In 2023, the RBA raised the cash rate in February, March, May, and November, ultimately settling at 4.35%, where it remained unchanged. This move added cost pressures on borrowers. The latest RBA rate decision on May 7, 2024, maintained the cash rate at 4.35%. On March 10, 2023, after facing a run on deposits, the Silicon Valley Bank in the United States declared bankruptcy. This was the second-largest bank collapse since the 2008 financial crisis and the third-largest in U.S. history. The impact also reached Australia's big four banks, with their stock prices taking a hit. Investors realized that earning interest by keeping money in banks was not always a completely secure investment. Some investors chose to invest in real estate to hedge against inflation and avoid banking crises. Melbourne and Sydney, as Australia's most developed and popular property markets, became investment havens during the pandemic. However, in 2023 post-pandemic, the growth rate in Sydney slowed, reaching a minimal monthly increase of 0.3% in November 2023. Melbourne even experienced negative growth, with a 0.1% decrease, signaling an impending turning point in these two cities. On the other hand, Brisbane, Adelaide, and Perth emerged as new favorites, as affordability increased under the dual pressures of inflation and rate hikes. These areas, with median prices around $800,000, replaced the "old" popular cities like Melbourne and Sydney, becoming the preferred choices for Australian investors. 1.2 Australian Property Market Performance in 2023 Source: Proptrack Our team provides the detailed performance of the Australian property market and prices in December 2023. Overall, property prices rose by 5.52% in 2023. In December, prices fell in Sydney (-0.08%), Melbourne (-0.55%), Hobart (-0.41%), and Canberra (-0.66%). In contrast, Perth (+0.69%) and Adelaide (+0.59%) continued to show strong growth, while Brisbane (+0.27%) and Darwin (+0.1%) also saw price increases. A stark contrast to the fluctuations in the capital cities was the overall rise in regional property prices in December, with a monthly increase of 0.23%. Regional property prices reached a new high in December, rising by 3.2% compared to 2023. Queensland and South Australia were the main drivers of economic growth, each rising by 0.51% and 0.5%, respectively, reaching new highs in December. Perth has proven to be the strongest-performing Australian property market in the 12 months to December 2023, with the median price rising by 14.75% compared to 12 months ago. Perth's growth outpaced any other region in Australia. Adelaide followed closely behind Perth as the second-strongest performing city in 2023, with a total growth rate of 10.98%; Adelaide rose by 10.45% in the year after the pandemic. Hobart performed the weakest in 2023, with prices falling by 3.5% year-on-year, while Darwin fell by 1.49%. 1.3  Impact of 2023 Economy, Policies, and Pandemic on the Australian Property Market Ultimately, there is only one underlying logic for the factors affecting the development of Australian property prices: supply. However, how was the supply-demand relationship in the Australian property market in 2023? In the past year, the Australian property market has remained in a state of undersupply, and the situation has become more severe. The Australia Bureau of Statistics' housing approval report for December 2023 showed a 9.5% decrease in total housing approvals to 13,085 units, with approvals for private dwellings decreasing by 0.5% and approvals for non-freestanding private dwellings decreasing by 25.3%. Although construction material costs have fallen from their peak during the pandemic, severe labor shortages are expected to increase construction costs by 3.5%-5.1% in 2024. Source:ABS Although the government has been trying hard to balance the supply relationship during the past year of soaring Australian property prices, the results have been less than satisfactory. In the end, all costs still have to be borne by the market. 2. Outlook for the Australian Property Market in 2024 2.1 Latest Data on the Australian Property Market in 2024 As of May 2024, the CoreLogic national home value index (HVI) rose by 0.6% monthly and 9.6% annually, resulting in an average national housing price increase of about $4,720 AUD. Sydney's property prices rose by 0.1% last week, with an annual increase of 8.4%. Melbourne experienced a 0.1% decline last month, with a yearly growth rate of 2.8%. Brisbane saw a monthly increase of 0.9% and a yearly increase of 16.0%. Perth experienced the highest monthly increase of 1.9% and a yearly increase of 21.0%. Source：CoreLogic Each market segment has shown different performances, with Sydney's median house price reaching $1,456,700 (apartments $807,226, houses $1,894,694), Melbourne's at $1,053,100 (apartments $605,522, houses $1,256,244), Brisbane's at $973,255 (houses $1,094,860, apartments $606,249), Perth's at $847,565 (apartments $506,757, houses $1,188,802), Adelaide's at $817,754 (houses $895,331, apartments $462,728), Canberra's at $965,207 (houses $1,176,210, apartments $594,121), Darwin's at $544,401 (houses $657,837, apartments $368,626), and Hobart's at $751,415 (houses $791,273, apartments $526,163). In terms of clearance rates, Sydney continued to lead with a strong preliminary clearance rate of 78.1%. Melbourne's early clearance rate surpassed 70%, reaching 71%, slightly higher than the previous week's 69.8%. Among the smaller capital cities, Brisbane had the highest number of auctions (169), but its clearance rate fell to 68.0%, the lowest since Easter. Overall, the number of properties listed last week was significantly higher than the same period last year. Source: Corelogic 2.2 Future Trends in Australian Property Prices for the Next Year Having previously analyzed the challenging supply-demand dynamics of recent years, the current driving factor in the property market cycle is the relative shortage of high-quality property supply compared to current demand, thereby pushing up property values and rents. Unfortunately, the shortage of new housing may continue beyond 2024, as the number of new dwelling approvals has been declining over the past two years, reaching the lowest level in 12 years. Economists agree that we are unlikely to meet the housing targets required for the Australian property market. Currently, there is a shortage of grade-A residential and investment properties available for sale. The number of properties on the market available for sincere buyers is insufficient, and with buyers returning to the market, well-located properties are quickly snapped up. However, sellers have been cautious this year before listing their homes for sale, as the number of newly listed properties has been below average since last spring. Nationally, the time to sell property is slightly longer than during the property boom of 2020 and 2021, but the days on market remains relatively low, and selling discounts are still at very low levels. Overall, houses sell faster than apartments, and due to the shortage of high-quality properties on the market, grade-A properties sell quickly with minimal discounts. In the next year, Australian property prices are expected to continue rising due to the shortage of supply. Specific regional data can be continuously monitored on my channel and website. 2.3 Analysis of Factors Affecting the Australian Property Market in 2024 Slow Approval Processes and Limited Housing Supply: The efforts made by the government are far from meeting the demand. Slowed Construction Activity and Rising Construction Costs: Ultimately, all costs are borne by the market. Potential Stimulus from Interest Rate Cuts: Any interest rate cuts could stimulate purchasing demand, possibly leading to a rate cut era by the end of 2024. Controlled Inflation after Continuous Interest Rate Hikes: Seller confidence is gradually restored. Fear of Missing Out (FOMO) Psychology Spreads: This can easily stimulate market consumption. Increasing Immigration: The rental market is expected to remain tight. Government Policy Changes: The government will modify and enact various policies to maintain balance in property supply and stimulate consumption. Decreased Affordability for First-time Buyers. Increase in Cash Buyers: High transaction volumes are concentrated in the city's CBD. Increased Demand for Economical and Affordable Housing: This segment experiences the fastest growth in both demand and price. 3. Analysis of Future Trends in the Australian Property Market 3.1 Four Major Trends in the Future of the Australian Property Market Successful investment relies on identifying trends, which involves observing the performance of the market you plan to invest in. The future trends of the Australian property market have begun to emerge. According to a report in the Australian Financial Review, the impact of the pandemic on the Australian real estate market, as reported by CoreLogic, has resulted in record-breaking house prices. The subsequent rise in rent and decrease in yield are significant changes caused by the pandemic over the past two years, which will have long-term effects on the real estate market. The diversification of market cycles means that the "golden age" of the Australian property market that many investors previously envisioned has come to an end. Previously, investors always believed that the Australian property market would grow steadily and never fall. However, it has been proven that the era where any property in Australia could achieve double-digit growth is over. While the market may bring immediate high growth during its peak, this growth is not sustainable. Investors need to be cautious of the rapid changes in short-term property values. As of September 2023, the time needed to save for a down payment for a house (calculated at 20%) had risen to an average of ten years per person—10.7 years for houses and 8.4 years for apartments . Therefore, in the face of soaring house prices and high mortgage interest rates, future buyers are likely to lean towards areas with strong affordability. Over the past year and a half, the lower the house price, the faster the growth rate. Particularly in areas with low prices and stable rental yields, they are likely to continue to attract more buyers in the future. In Australia, apart from capital cities, more and more regional cities have become the preferred choice for new immigrants. As of April 2024, rental prices have risen by 0.8% per month, showing a slight slowdown but still facing a shortage in supply. It is expected that rental growth will continue to far exceed the average level for some time. Notably, the growth rate of apartment rentals in the entire capital region is currently faster than that of detached houses. The chart shows that in Perth, Sydney, Adelaide, and Brisbane, the rental growth rate for apartments is higher than that for detached houses. Among all the factors driving the property market, interest rates will have the most significant impact. According to a new survey by leading real estate data and analytics provider CoreLogic, over seven in ten (71%) real estate professionals expect interest rates to cause ripples in the property market in 2024. Among them, 59% believe that the impact of rising interest rates will be the most significant, while 12% expect that a decrease in interest rates will have the biggest impact on the property market. 15% of professionals believe that immigration and population growth will affect the property market in 2024, while 2% think that government intervention and new policies could shake up the trend in property prices. In the "Five Predictions for the 2024 Property Market," we also analyzed the future trend of interest rates in detail—we expect interest rates to decrease in the second half of 2024. After two years of suppression, any rate cut can boost consumer. 3.2 Performance and Potential Opportunities in Property Prices in Different Cities and Regions As of now, the median house price in Australia has increased by 12.9% annually, reaching $779,817, with the average median price for the eight capital cities at $847,139, showing a continuous upward trend. Almost every capital city has shown stronger growth in the lower-value market. Source: Corelogic Clearly, Melbourne's property market (6.5%) has not performed as strongly as some other capital cities over the past year or two, with the average for Melbourne's detached houses at their lowest level in twenty years. However, in the property market competition, more than 50 suburbs in Victoria have seen price increases exceeding the national average. Sydney's property prices have surprisingly steadily risen (11.9%), with strong auction clearance rates throughout the year, indicating a significant market depth, and suggesting that sales prices will continue to rise this year. Brisbane (20.8%) soared early in the pandemic and is currently at a new high. Perth continues to perform well, with its growth rate far exceeding other areas, growing by 2.0% in the month and 26.8% annually. Adelaide (18.7%) is developing slightly slower than the east coast capital cities, but due to its affordable housing prices, it remains one of the best-performing capitals, with low inventory levels also intensifying competition. If you are interested in which area of each capital city to invest in, please refer to the "Guide to the Top Eight Capital Cities for Making Money Opportunities". Conclusion Overall, the Australian property market in 2023 has proven its investment value, and the outlook for 2024 remains optimistic. In the journey of exploring investment opportunities in the Australian property market, we will encounter endless opportunities and challenges. This environment is both challenging and full of opportunities, providing investors with valuable learning and growth opportunities. Before investing in the Australian property market, a thorough analysis of price trends is crucial. Understanding the dynamics and trends of the Australian property market can help investors more accurately assess risks and potential returns. Therefore, when considering investing in the Australian property market, it is essential to conduct thorough market research and risk assessment. This not only helps in making wise investment decisions but also reduces investment risks and increases the chances of investment success. At the same time, Alison's channel provides more resources and references for the latest information on Melbourne property prices every week, helping Australian property investors better and more timely understand market dynamics. Whether through professional property market reports, online resources, or expert opinions, they can provide investors with more comprehensive and accurate information support. These resources can not only help everyone better understand market trends but also guide them in developing more effective investment strategies, increasing the success rate and returns on investment. Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

Introduction In recent years, many people have begun to pay attention to the real estate market in Australia and have entered the market to buy properties. Unless buyers can purchase properties with cash, applying for a mortgage is almost a must for everyone buying a property in Australia. Therefore, obtaining a mortgage for property purchase in Australia is one of the largest financial decisions for many people, involving amounts that may exceed the wealth accumulated by many people in their lifetime. Choosing a suitable property mortgage method in Australia is a common concern for many buyers and must be handled with caution. Most Hong Kong people have limited understanding of the mortgage methods in Australia, often missing out on investment opportunities. This article will explore in detail three mortgage methods for Hong Kong people buying properties in Australia: applying for a mortgage loan from local Australian banks, applying for Australian property loans through Hong Kong banks, and cashing out existing properties in Hong Kong; and analyse the advantages and disadvantages of each mortgage method, helping readers better understand this method of property purchase financing. What is a mortgage? What is the definition of a mortgage? Loans can be divided into unsecured loans and secured loans. A mortgage is a type of secured loan, where the borrower borrows money from a loan institution using the property as collateral. Homebuyers can apply for a mortgage loan from a bank or other loan institution, using the property as collateral. Mortgage loans are typically calculated based on a certain interest rate and term, and borrowers are required to pay a certain amount of repayment to the loan institution every month. If the borrower fails to repay the loan on time, the loan institution has the right to sell the collateral (i.e., the property) to repay the loan. Method 1: Applying for a Mortgage Loan from Local Australian Banks Citizens, Permanent Residents (PR), and Temporary Residents (TR) with certain visas or specific income groups can choose to apply for a mortgage from local Australian banks using either Australian or Hong Kong income. As long as the income is stable, the loan-to-value ratio is generally around 70% to 80%, and for citizens, PR, and first-time home buyers, it can even be up to 95%*. Mortgage schemes offered by local Australian banks are more mature than those of other banks or institutions, with relatively lower interest rates, making them more affordable. If you are not a citizen or PR, some local Australian banks may accept applications from certain categories of temporary residents (TR). You can apply to Australian banks based on your income proof (different visa requirements for Australian income or Hong Kong income). The documents required include the visa duration, job category, and income proof: if you are an employee, most banks require three months of bank statements to prove your income; if you are self-employed, the required documents will be different, with most banks requiring over two years and an accountant's financial statement (annual report) to prove the company's income over the past two years. *The specific loan-to-value ratio depends on your financial situation and the specific mortgage bank. Borrowers need to apply for "mortgage pre-approval" to confirm their approximate affordability. There are two types of pre-approval. The first type is a quick assessment by the system, with results available in a few hours. The other type is a complete assessment, which includes a credit check and may also require you to discuss your financial situation with a mortgage broker to ensure a matching mortgage amount. When applying for "mortgage pre-approval," every banker and broker may require different documents. Most of them require proof of your income and personal debt to ensure your eligibility for a mortgage. 1.Process of Applying for Mortgage Loans from Australian Banks When applying for a mortgage, you should maintain good financial records for at least the past 6 months. Prepare a down payment. Contact a mortgage broker to inquire about the mortgage plans offered by different financial institutions. Prepare the documents for applying for pre-approval of the mortgage. Familiarize yourself with the property price you can afford, applicable interest rates, and the estimated monthly repayment amount. Pre-approval generally lasts for 30-90 days. It can be extended once after expiration, and if it expires again, you will need to reapply. Once you have obtained pre-approval, you can start looking for properties. After finding a suitable property, sign the contract and formally apply for the mortgage loan from the bank. After the loan is approved, a representative lawyer will handle matters such as transfer and registration of the property to complete the transaction. 2.Interest Rates and Suitable Buyer Types for Mortgage Loans from Australian Banks The four major banks in Australia hold 75% of the mortgage customers in the market, winning with product diversity and extensive service networks. The four major banks offer a range of mortgage plans that can be combined with other financial products and services (bank accounts, credit cards). The specific loan-to-value ratio for buying a property in Australia depends on the financial institution or bank you choose for your loan product. Generally, the maximum loan-to-value ratio can be 70-80%*. The Alison team recommends consulting your mortgage broker for the specific loan amount. Investors buying property in Australia through a mortgage can also enjoy various types of repayment methods and interest rates. These include fixed interest rates, variable interest rates, principal and interest repayment, or interest-only repayment. "Principal and interest repayment" is the choice of most people, repaying the loan within 25 or 30 years, with each monthly payment including principal (Capital) and interest (Interest). If you need to significantly increase your cash flow, you can choose Australia's unique "interest-only repayment" method. The interest rate for "Owner-occupier Loan" will be lower than that for "Investment loan," and the application conditions will be more lenient because investors are considered higher-risk borrowers by banks. However, one major advantage of Investment Loan is the tax benefits: mortgage interest can be used as a tax deduction, so investors tend to choose the "interest-only repayment" repayment structure. In addition, some Australian institutions' mortgage products have hedging account functions. If you have excess funds, depositing them into a hedging account can directly offset the interest on the loan, indirectly reducing the cost of the loan. Method 2: Applying for Australian Property Loans through Hong Kong Banks This method is suitable for individuals holding Temporary Residency (TR) visas and overseas Hong Kong residents. Some banks in Hong Kong also provide mortgage services for Australian properties, and the required documents for applying for cross-border loans are similar to those for applying through local Australian banks. 1.Which Hong Kong banks can provide overseas property mortgages? The following Hong Kong banks offer property mortgages in Australia: HSBC: HSBC offers global banking services with branches worldwide, providing both floating and fixed rate mortgages. Borrowers can choose between interest-only or principal and interest repayments (up to 3-5 years). The loan-to-value ratio is around 60%, and specific details can be found on the official website: https://internationalservices.hsbc.com/zh-hk/buy-property-abroad/ OCBC Wing Hang: This bank provides mortgages for residential properties intended for investment purposes. The entire loan application process is completed in Hong Kong, without the need to refer to overseas branches, saving considerable time. Please refer to the official website for details: https://www.ocbc.com.hk/personal-banking/zh/index.html 2.Groups Suitable for Obtaining Overseas Property Mortgages through Hong Kong Banks Hong Kong banks accept individuals with Temporary Residency (TR) and Overseas Buyers status, and they can provide mortgages based on Hong Kong income. Property prices in Hong Kong have been consistently high, while Australian property prices have been steadily increasing in recent years. Rental yields are also favorable. If you plan to reside in Hong Kong but intend to buy investment properties in Australia for rental income, or if you have immigration plans and have obtained Permanent Residency (PR) but already have intentions to invest, you can consider obtaining overseas property mortgages through Hong Kong banks, subject to your financial capability. 3.Considerations for Overseas Property Mortgages through Hong Kong Banks If you plan to apply for overseas property mortgages through Hong Kong banks, you should be aware that Hong Kong banks are regulated by the Hong Kong Monetary Authority (HKMA). All overseas property mortgages approved by local banks require applicants to pass the Debt Servicing Ratio (DSR) and stress tests based on their monthly income and repayment capacity. The bank will also check the credit records, and the mortgage loan will be recorded in the Mortgage Count record. If you choose to settle the loan directly in the local currency, you will need to make repayments in foreign currency in the future. Exchange rates in some countries are relatively volatile, and changes in exchange rates will affect your monthly repayments. Method Three: Cash Out Refinance on Existing Properties in Hong Kong "Cash out refinance," as one type of property mortgage, is essentially reapplying for a mortgage from the same bank for a property that has already been mortgaged, in order to extract more funds. This practice typically occurs when property values appreciate, resulting in an increase in the loanable amount, allowing homeowners to cash out the excess loan amount. Investors may consider cashing out by refinancing their existing properties in Hong Kong and investing in Australian real estate. Rental income can help offset repayments, and significant returns can be earned when the Australian property market rises. The interest on your Hong Kong loan can be offset when declaring Australian income tax, yielding multiple benefits. 1.Pros and Cons of Cash Out Refinance on Hong Kong Properties For overseas investors with properties in Hong Kong, the option to refinance and extract equity for purchasing overseas properties can be appealing. Given Hong Kong's currently low interest rates, compared to higher mortgage rates overseas, refinancing in Hong Kong to fund overseas property purchases can be financially advantageous. This approach allows flexibility in the use of the cash and typically offers lower interest rates. However, it requires owning property in Hong Kong and the amount that can be cashed out is subject to property valuation and outstanding loan restrictions. *https://www.moneysmart.hk/zh-hk/mortgage/hibor-vs-prime-rate-ms，for specific mortgage interest rates, please refer to individual banks. 2.Summary of Three Methods Conclusion The above are the three most common methods of obtaining mortgage loans for buying property in Australia. It is recommended that investors choose the most suitable mortgage method based on their own circumstances. With the steady development of property prices in Australia, purchasing property overseas has become an increasingly common and high-return investment method for Hong Kong residents. Choosing the right mortgage method can greatly enhance the effectiveness of your investment. We strongly recommend consulting with a professional financial advisor for an initial assessment of your financial situation regarding mortgage applications. If you are interested in learning more, please feel free to contact the Alison team for a customised mortgage solution. Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

In 2023, Australia's borders will be fully opened and a large number of international students will flock to the country. As a result, the already present difficulty of renting houses will become a big problem. Therefore, many parents will choose to buy a house in Australia for their children to live in. So, can international students buy property in Australia? What problems need attention? Can overseas students buy property in Australia? Yes. And it’s not only international students who can buy property in Australia, in fact, anyone can. There will be some restrictions due to different identities. For example, if you are not an Australian citizen or permanent resident, you can usually only buy new buildings, not second-hand buildings. In addition, foreign students are required to accept the purchase review of the Foreign Investment Review Board (FIRB) when buying a house. Can international students get loans? International students generally need to be over 18 years old to buy a property in Australia, and there is no strict age limit for others. However, younger international students who do not have enough income may face considerable obstacles if they need to apply for a mortgage. Especially considering the very limited income of full-time students. In particular, international students only have 24 legal working hours per week in Australia. However, regardless of the identity of the foreign student taking the loan, proof of income is required, and they will be required to show proof of the ability to deposit continuously for more than 3 months. The mortgage repayment period is generally 30 years. Therefore, international students must prepare sufficient funds to buy a property and seek financing advice from a loan manager. Can international students buy a property in Australia in joint names (with their parents or other people)? In Australia, there are two main ways to buy joint real estate with more than one person: Joint Tenancy: When buying a house in Australia in joint names, unless the buyer makes a special statement, the house purchase contract will generally be signed as a joint ownership. All house buyers jointly own the property; that is, the risks, rights and benefits of the house are shared by all joint names. In addition, co-ownership can save a lot of trouble in terms of inheritance, and it also reduces a lot of legal procedures. If one of the parties dies, the original rights under his name will automatically revert to the other surviving party. However, from the point of view of handling mortgages, the mortgage ratio of international students is limited, which may reduce the mortgage amount. Tenancy in Common: Buyers can also choose to freely distribute the ownership of the property under the name of each buyer in proportion. In addition, the co-signer can resell or donate the share under his own name to others without the consent of other owners. If one party dies, the deceased can transfer the percentage (%) he holds to the designated beneficiary through the will. For more information about foreign students buying property in Australia, please refer to my previous article: Whose name should I write when buying a property with a child studying in Australia? | Can foreign students buy a house? What should I pay attention to when studying in Australia? For more information on preparations for studying in Australia (click on the article to jump to the page) visit: https://www.investwithalison.com/post/children-studying-in-australia-is-buying-a-property-in-australia-for-international-students-okay For more information on how to buy a house with a mortgage in Australia, please watch my video: Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

Applying for a mortgage is something that almost everyone who buys a house in Australia has to go through, because few people want to buy a house in full cash (except, of course, the very wealthy). This is mainly because using a mortgage as leverage allows you to borrow future cash flow income to purchase your desired property. Since investment in real estate in Australia is very stable and considerable, from an economic point of view, buying a property in Australia with a mortgage is also a good deal. Even if the investor's bank deposit is enough to pay most of the house payment or even the full amount, considering taxation, cash flow and other factors, most people usually hope to complete their Australian real estate investment by applying for a mortgage. Can overseas people take out a mortgage in Australia? Yes - not only Hong Kong people, but any overseas people can apply for mortgages when buying a property in Australia. At present, there are 3 ways to explain the mortgage when overseas people buy Australian properties: Apply for a mortgage directly from a financial institution in Australia Since 2016, major banks in Australia have successively stopped lending to overseas people, but this does not mean that investors cannot apply for mortgages in Australia. In contrast, there are many regulated lenders in Australia that can provide loans to non-residents (overseas income). Like banks, these institutions are regulated by the Australian government, and investor’s loan applications also need to be evaluated and approved. Some institutions have loan managers to guide them through the entire process until the transaction is completed. You can apply for a mortgage from a local overseas bank in Australia At present, many overseas banks based in Australia can handle mortgages for overseas people (such as HSBC Hong Kong etc). Moreover, the interest rates of these banks are almost equivalent to those of Australian local banks, but the requirements for customer’s funds will be relatively high. For specific requirements, please consult with the staff of each bank. You can apply for a mortgage in Hong Kong to buy an Australian property As the future trend of property prices in Hong Kong is not optimistic, there is little chance of upward movement. In order to get more returns, many people will choose to cash out the property they live in and buy property in Australia instead. The rent collected can help supplement the supply. In addition to saving money, you can earn considerable returns when property prices in Australia rise in the future. What is the mortgage ratio for buying a house in Australia? The specific Australia mortgage ratio for buying a property here depends on the specific financial products of the lending financial institution or bank chosen by the investor. The highest possible mortgage ratio is 70-80%. Investors who buy property in Australia with a mortgage can also enjoy various types of repayment methods and interest rates (including: fixed interest rate, floating interest rate, principal, and interest repayment or only interest repayment but not principal repayment, etc). Australia’s unique "interest only repayment not principal" mortgage repayment method has greatly enhanced investor’s cash flow. In addition, the mortgage products of some institutions in Australia have an offset account function. If you have excess funds, you can directly offset the interest on the loan by depositing it in the offset account, reducing the cost of the loan in disguise. Simplified process of Australian property mortgage application 1. Select a mortgage product: Select suitable lending institutions and products according to your own situation and loan purpose. 2. Submit supporting materials: According to the bank's list of required documents, submit the application form and various supporting materials. Each bank or financial institution requires customers to provide different Australian property mortgage application materials, so customers need to figure out what materials need to be submitted, which can effectively avoid submitting unnecessary materials, thereby improving the efficiency of mortgage approval. Here are some common Australian property mortgage application materials: A identity document Usually a driver's licence or passport will suffice Overseas customers need to provide ID card B income situation Full-time or part-time employment income: One or two recent pay stubs Rental income: Lease contract or rent statement Self-employed persons: 2 years of tax returns and Notice of Assessment C Assets Bank balance certificate D Liabilities Statements of all recent mortgages All recent credit card statements Recent other loan statements 3. Transfer: Complete the transfer preparation and complete the Australian property mortgage settlement on the day of real estate delivery. For more knowledge about buying property loans in Australia, please watch my video: Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

1. Selected property: Do your homework well so that you know the city, region, and type of property you want to buy. Once you have selected the property you want, you can start the process of buying a house in Australia. 2. Pay the deposit: To buy a house in Australia, you need to pay $2,000-$10,000 as a deposit within the time specified in the contract (usually 5-7 working days). This deposit can be paid to the developer's trust account, or it can be deposited into the buyer's own account and then issued a guarantee by his bank. 3. Apply for Overseas Residents Buying Permit (FIRB): If the buyer is not an Australian citizen or permanent resident, he or she needs to submit a home purchase application to Australia's Overseas Investment Review Board (FIRB). 4. Sign the contract: The agent/developer provides the purchase contract to the lawyer representing the potential Australian property owner. Buyers sign the contract after consulting their own attorney and fully understanding the contract. At the same time, the developer also needs to sign the house purchase contract, and provide the house buyer with a contract signed by both parties, and the house purchase contract will take effect. 5. First payment: The down payment for an apartment or townhouse is usually 10% of the contract price. The down payment for house and land packages is usually 10% of the land price plus 5% of the building price. 6. Applying for a mortgage: For buyers of existing homes, they can apply for pre-approval for mortgages from banks or loan intermediaries before signing a home purchase contract. Or, after signing the contract, start preparing materials to apply for a mortgage. For off-plan buyers, it is recommended to start handling mortgage matters 3-6 months before the estimated delivery time of the property. 7. Delivery inspection: Before closing, the buyer will need to make an appointment with the real estate agent for a final inspection. If a problem is found, the buyer's lawyer and the seller's lawyer or the developer can be notified to negotiate and solve the problem. 8. Delivery balance: On the day of delivery, the buyer needs to pay the full final payment, which also includes stamp duty, and third-party fees (such as government, water bureau, property company, etc). Overseas people also need to pay additional surcharges. After completing the final purchase process, congratulations! You have become an Australian property owner. You can join us in the "Australian Property Owners Exchange Zone" on Facebook to gain more knowledge about Australian property management, and it is also convenient to communicate with other Australian property owners. In fact, after successfully buying a house in Australia, there are still many problems to be dealt with (such as housing rental, management and maintenance, and annual tax declarations, etc). Choosing a suitable Australian real estate agency to help the owner manage it can avoid a lot of troubles and make sure the house gets the maximum benefit. For more information about buying property in Australia, please watch my video: Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

The Australian Gold Coast is one of Australia's most famous tourist destinations and the fastest growing city in Australia, with spectacular beaches including Surfers Paradise, Broadbeach, Burleigh Heads, Coolangatta and more. Ideal for water sports, swimming, sunbathing and surfing, it attracts tens of millions of tourists from all over the world every year. In addition to the magnificent landscape, the Gold Coast has a warm and pleasant climate, making it suitable for tourism all year round. Therefore, there seems to be no low and high season - every day is the ideal time to visit. This also makes the real estate on the Gold Coast a very valuable investment, attracting a large number of domestic and foreign buyers. The advantages of buying a house on the Gold Coast The Gold Coast is one of Australia's most thriving tourist destinations and a very active property market. Here are some of the best features of the Gold Coast property market: Rising house prices: House prices on the Gold Coast are not low and are growing very well each year, especially in the waterfront area and in the bustling areas of the city centre. This is due to factors such as the region’s tourism and strategic location. Growing demand: The population of the Gold Coast is growing year on year, especially for retirees, foreign investors and immigrants. This has led to a continuous increase in demand in the real estate market and has also brought opportunities for real estate investors. High rental yields: The Gold Coast has relatively high rental yields due to factors like the boom in tourism and population growth. This also attracts more investors who want to buy real estate. Diverse property options: The Gold Coast's property market is very diverse, with luxury beachfront apartments, villas, upscale residences, commercial properties and more. Investors can choose the right type of property according to their budget and investment objectives. Where is the best place to buy a house on the Gold Coast? The Gold Coast is a linear city from north to south, divided into four main areas: Waterfront: North This area is made up of the Gold Coast's most famous beaches. Popular suburbs include Surfers Paradise, Broadbeach and Mermaid Beach, as well as the coast's CBD Southport. This area is a major centre for tourism, holiday accommodation and nightlife, with the highest number of high- and medium-density condominium-type properties, and is the area with a high return on investment on the Gold Coast. Seaside: South This area stretches south from the famous Burleigh Heads to the QLD/NSW border in Coolangatta. Burleigh Heads and Coolangatta have patches of high-density apartment buildings, but there are also townhouses scattered throughout the area. Relatively speaking, the South Beach area of the Gold Coast has a smaller supply of properties, more zoning restrictions, and a higher investment value for buying a property. Inland: North This is the largest area on the Gold Coast, housing most of the city's traditional suburban housing and boasting the new Gold Coast Hospital Precinct, as well as Griffith University and various theme parks. With plenty of areas with good investment potential, it’s suitable for investors on a budget. Inland: South The main residential areas in the Gold Coast’s south are Robina and Varsity Lakes, which generally have larger residential and block sizes. Some properties in the southern region have the potential for long-term appreciation, but the short-term return on investment of buying a property on the Gold Coast will not be particularly high. Is it expensive to buy property on the Gold Coast? At present, buying a property on the Gold Coast is not as expensive when compared to other cities, but it is not cheap either. In 2021, Australia's last housing price boom, the Gold Coast created a miracle of Australian property market growth - in one quarter, property prices in some suburbs of the Gold Coast rose by between 50 and nearly 60%! Compared with other parts of the country, the market for real estate on the Gold Coast is one of the fastest growing areas in Australia's housing price appreciation, and the number of buyers is also very large. According to the latest data from CoreLogic, a total of 5,896 properties were sold on the Gold Coast in 2021 for more than $1 million. What is the driving force for the growth of property prices on the Gold Coast? 1. Policy support: Benefiting from the Brisbane 2032 Olympic Games, the Gold Coast will invest $20.9 billion in infrastructure, including: promoting the revival of Southport CBD ($5 billion), Gold Coast health and knowledge district investment ($5 billion), Olympic rail infrastructure upgrades ($2.20 billion), and the Gold Coast Light Rail Phase 3 expansion ($1 billion). It can be said that large-scale infrastructure construction will have a positive impact on the size of the Gold Coast property market and the status of investment in buying properties in the area. 2. Population growth: Queensland now has the largest influx of interstate migrants of all Australian states. The Gold Coast has been one of Queensland's fastest-growing regions, growing its population from 500,000 to more than 600,000 over the past decade. The local government expects the population to reach 1 million by 2041, which will constitute a large-scale demand for property purchases. 3. Insufficient supply: Not matching the large population, the supply of property on the Gold Coast has been very tight. For the influx of immigrants, at least 6,500 new homes per year will be needed to keep pace with population growth if the Gold Coast population reaches 1 million in 2041 as expected. However, the government's land grants have become more stringent, drastically reducing the supply of land. Land on the Gold Coast is extremely limited, and there is less and less available for developers to build on. According to the CoreLogic report, properties on the Gold Coast are among the fastest selling in Australia. 4. High rent: The Gold Coast is one of the world's top tourist destinations, with around 12.5 million tourists coming to the region each year for their holidays. With such a large number of tourists, the number of local hotels and short-term rentals is far from satisfying the demand. The shortage of housing has made the Gold Coast home to one of the highest rents in Australia. For the majority of investors, the Gold Coast is currently an area worth buying in quickly, and the future appreciation space will be relatively large. Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

Adelaide is a city in southern Australia and the capital of South Australia. It’s known for its high livability, low cost of buying property, clean air and beautiful natural landscapes. Adelaide suburbs have a relatively low population density, so they have spacious streets and green spaces with plenty of parks and beaches for residents to relax and entertain. At the same time, Adelaide is also one of Australia's important education centers, home to a number of well-known universities (such as the University of Adelaide and Flinders University). These universities have an excellent reputation in Australia and globally. 1. Get to know Adelaide Adelaide gets more than 2,500 hours of sunshine a year and doesn't have the humid climates of other Australian cities. Adelaide is a city of parks - over 760 hectares of parklands surround the city and North Adelaide. Adelaide is a university town. It has five college campuses within one square mile of the city — nearly 30,000 students from around the world attend these campuses. In 2014, Adelaide was listed by Lonely Planet as one of the 10 best cities to visit. 2. The characteristics of real estate in Adelaide Once ranked as the "capital city with the most affordable housing for people", the threshold for buying property in Adelaide is much lower. The important thing is that Adelaide's real estate prices are very stable and healthy, and the number of people buying and investing in property is also increasing year by year. 1. Relatively low house prices: Adelaide has lower house prices compared to other major cities in Australia, making it easier to buy a property here. This may be due to the city's small population and economic size, as well as the relatively ample supply of property. At present, the total population of Adelaide City is about 1.3 million, and the total population of Greater Adelaide is 1.7 million. 2. Stable house price growth: Despite Adelaide's lower house prices, house price growth is relatively stable. According to a report by Property Data Australia, Adelaide house prices are growing at an annual rate of around 3% to 4%, and buying a property in Adelaide can provide a solid return on investment. 3. Diverse property options: Adelaide's real estate market offers a variety of options, including apartments, townhouses, detached villas, and luxury homes to name a few. Whether owner-occupied or investing in Adelaide, buyers can find a property that suits them. 4. Quality education and healthcare resources: Adelaide is home to a number of well-known universities and high-level healthcare resources, which attracts many students and healthcare practitioners to live, work and buy property. This has also had a positive impact on Adelaide's real estate market. 5. High quality of life: Adelaide is one of Australia's most liveable cities, with a clean environment, good community facilities, beautiful parks and attractions, and numerous cultural and artistic activities. These factors have had a positive impact on Adelaide's real estate market. 3. Is it expensive to buy a property in Adelaide? Adelaide is one of the most affordable of Australia's capital cities. The cost of buying property in Adelaide is relatively low compared to other big cities, but even so, house prices have been rising over the past few years. This is mainly due to factors such as population growth, investment demand and construction costs. According to PropTrack, the median property value in Adelaide was $648,000 at the end of January 2023 (up 7.94% year-on-year). Many other Australian cities fell. The reason why Adelaide is a treasure city with endless potential is mainly because the city's real estate bubble is small or almost none. We have seen a general price correction in the Australian property market under the pressure of rising interest rates in 2022 and 2023, but the property market in Adelaide has recorded one of the smallest price declines in Australia. Among Australia's many cities, Adelaide is undoubtedly low-key compared to a metropolis like Sydney and Melbourne. But buying property in Adelaide is like buying blue chips with fast returns. The degree cannot be compared with the first two, but it is expensive in low risk, stable and long-lasting. Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

On July 21 2021, Brisbane, Australia, won the right to host the 2032 Olympic Games, becoming the third Australian city to do so (the 1956 Olympics were held in Melbourne, whilst the 2000 Olympics were held in Sydney). For a time, the call to buy a house in Brisbane was high. Brisbane house prices soared 33% in just one year. Did you know that the original median property price in Brisbane, Australia, was only a little more than 500,000 Australian dollars? At the high point of this round of soaring house prices, the median property price in parts of Brisbane actually exceeded 1 million Australian dollars! So what impact will the Olympics economy have on Brisbane's housing market? If you buy a property in Brisbane now, can you still catch this bonus period? Will investors make more money buying a property in Brisbane? After Brisbane won the right to host the Olympic Games, Australian property investment experts said “by the time the 2032 Olympic Games are held, property prices in Brisbane will double, and a large number of buyers are eager to move! In the future, the median property price will rise from A$516,000 to A$1.24 million.” But whether the Olympics have such magical powers, no one can be completely sure. But what is certain is that the next 10 years will be the golden decade of buying property in Brisbane. The Olympics often have an impact on a city's housing prices 1. The Olympic Games usually attract a large number of tourists and media to watch and report. If the timing and location is very attractive, such as during high season and near attractions, then this can lead to higher house prices. 2. In preparation for the Olympic Games, host cities usually invest a lot of money in infrastructure and urban renewal (such as transportation, sports facilities and public services). These investments are likely to increase the attractiveness and quality of living in said cities, which will drive up housing prices. Brisbane has already started a series of infrastructure projects, and the number of people buying property is also expanding. 3. During the Olympic Games, a large number of tourists and Olympic participants need to find accommodation, and hotel rooms may quickly become fully booked. This could lead to an increase in demand for short-term rental housing in the market, pushing up rent. Brisbane is currently in short supply, new housing starts have been affected by the pandemic far less than expected, and buyers are fiercely competitive. 4. The hosting of the Olympic Games may stimulate housing market participant’s expectations for the future development of the host city, which will prompt them to make long-term investments in the city. This could make Brisbane attractive to more buyers and investors, pushing up house prices. At present, we can already see very positive signals, the most significant of which is the increase in population and employment opportunities. The Australian government expects Brisbane's plan to host the Olympics to add 130,000 jobs and bring $7.4 billion in revenue. In the final analysis, international sports activities alone have never been the cause of long-term rise in the property market. The root cause is the huge infrastructure brought about by the hosting of the Olympics and the plan to improve transportation, which is the meat that really makes the property market grow. Where will the biggest infrastructure of the Brisbane Olympics occur? Since the importance of infrastructure is mentioned, we have to analyze ‘future Brisbane’ when it comes to buying a house - which places will have the largest infrastructure relevant to the Olympic Games? When talking about this part, we need to divide the property market into environmental infrastructure and site infrastructure to analyze. 1. Site infrastructure 85% of Brisbane's Olympic venues will use the city’s original sports facilities, which means there will be no significant investment in venue infrastructure. On the contrary, more attention will be paid to improving the transportation system. In terms of site infrastructure, the most notable is the Gabba, located near Brisbane’s city centre. The Queensland Government has announced it will spend more than $1 billion to refurbish the Gabba Cricket Stadium into a 50,000-seat Olympic main venue for the opening and closing ceremonies. There's also Roma Street's new world-class swimming arena, a massive 15,000-seat water sports centre. 2. Environmental infrastructure At present, the Brisbane government has decided to place the Olympic Village in the Hamilton area and will build new premium riverview accommodation for the world’s athletes. Other smaller hostels will also be built on the Gold Coast, Sunshine Coast and Kooralbyn. Whether it's Brisbane, the Gold Coast or the Sunshine Coast, hundreds of millions of dollars will be spent to improve environmental infrastructure. The government also plans to spend $5.4 billion on a rail link to the Cross River Rail, which is expected to be completed by 2024. In addition, Brisbane Airport is about to be expanded, with the government planning to spend $1.35 billion on an additional runway, which will see 49 million passengers per year and contribute an estimated additional 50% per year to the economy (around A$100 million). Thirdly, compare with other cities that have hosted the Olympic Games Looking back at the Sydney Olympics in 2000, the property market in Sydney rose by 88% in five years. Don't think that it was just the Olympics that made the property market in Sydney explode at that time. In fact, the city was meeting with tax reform at that time. The government had vigorously promoted housing purchase subsidies, including first home grants, which have fueled the property market for a while. At the same time, even Melbourne's property market, which did not host the 2000 Olympics, rose by 95%. In countries other than Australia, the economic impact of the Australian dollar cannot be underestimated. During the London 2012 Olympics, London spent $16 billion to host the Games. In the end, it not only earned back the investment, but also saw a long-term increase in the property market, which has continued to this day. Today, 11 years later, looking back at the real estate near the London Olympic venue, it is up 78%. Compared to the rest of London, it is generally only up 61%. It can be seen that places close to the Olympic site perform better than places that are not close. It is conceivable that investment in carefully selected places near Olympic venues and facilities can expect to have a huge return in the long run. Where should I buy property in Brisbane? How should you choose an area to buy a property in Brisbane at present? I have three tips for everyone: 1. Olympic venue area For example, near the Gabba, which will see $1 billion invested for refurbishment. 2. Near the Olympic Village Hamilton in Brisbane and/or Robina on the Gold Coast are also good choices. 3. Where the transportation system has been improved One of my favorite places is Roma Street. The planned arena will be developed into a central transport hub - keep an eye out for MRT stations and beneficiary areas along the Cross River railway station, as well as the Gold Coast's Phase 4 LRT extension to Gold Coast Airport (where Burleigh Heads will be reached via light rail lines like those at Palm Beach are also worth noting). Mass Transit will be built on the Sunshine Coast in the near future, which may be implemented sooner thanks to the Olympic Games. It is believed this will be beneficial to areas like Maroochydore and Slippy Downs, which will have the role of driving the property market. What are the advantages of buying a house in Brisbane? 1. There are few new houses Brisbane has always had a very low supply of housing, and despite rising rent, there is a severe housing shortage. At present, new homes account for only 2.8% of the total number of houses, and the number of residential approvals has been declining. The declining number of housing approvals means that, in the short-term, the overall housing volume in Greater Queensland and Brisbane will remain in short supply. 2. Investment advantages Relative to Sydney and Melbourne, median property prices in Brisbane, Australia, remain low. And record immigration from other states will continue to drive home price growth. Fortunately in 2022, the impact of Australia's overall house prices entering a correction period due to interest rate hikes, property prices in Brisbane have also returned to a relatively rational state. If you also want to eat the wave of dividends brought by Brisbane as a result of hosting the Olympic Games, you must start decisively. You can also watch the video below to learn more about buying property in Brisbane: Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/