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australia cities
Top 10 Aussie cities foreign buyers are enquiring about
According to Juwai IQI’s Top Countries 2020 report, the Australian market is the second most popular destination for Asian property buyers, accounting for 13.7 per cent of buyer activity. “Asian buyers from the Philippines, Malaysia, South Korea and Japan all increased their buyer activity in 2020, despite the pandemic. Much of this was interest displaced from the United States,…
National Rental Affordability Scheme
Lily Chong: Understanding the National Rental Affordability Scheme (NRAS) and Why Tenants Love It
Lily Chong from IQI WA  shares her insight into the National Rental Affordability Scheme (NRAS) and why this is so attractive to rentals. Recent statistic from the Real Estate Institute of WA indicated Perth vacancy rate has plummeted to 2.2% low, which is below the 3% rate in Sydney where there is a recognised “housing shortage”. Affordable…
Australia's property market
Western Australia’s property market holds strong during COVID-19
Western Australia’s property market is holding its own, seemingly unperturbed by the COVID-19 pandemic gripping the country. Amid the unprecedented impacts of coronavirus, Perth agents say it’s yet to impact the local housing market, with an influx of sales including a Dalkeith mansion that sold for $14 million last week. Director of IQI Australia Lily…
Australia border
As border restrictions fall, will rents and prices take off?
Lily Chong, Director of IQI Australia’s Perth-based real estate agency, which has strong international market connections, said a combination of migration, education, holidays and investment would have major implications for the property sector. “Look for a tightening of rental availabilities in suburbs most attractive to students and foreign expats and growing transaction volumes for new…