An influx of capital from foreign investors, including Middle Eastern sovereign-wealth funds and Asian property trusts, has shifted the competitive landscape in Australia, pushing up prices for commercial property and forcing many local real estate investment trusts, or REITs, to expand their horizons in search of yield.
Come and experience Sydney’s most dynamic food destination. Tramsheds is a place brought to life by history, architecture and community – a place to live and learn.
Being close to public transport is at the top of the wish list for most property buyers, especially in cities like Sydney.
Interest rates are likely to remain at historical lows for the next decade
Australian residents buying or selling real property with a market value of $2 million or more need to be aware of new rules which come into effect on 1 July 2016.