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National Rental Affordability Scheme
Australia Market Insights News & Event
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…
01/03/2022725Views1 minRead time
Australia's property market
Australia Market Insights News & Event
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…
18/02/2022722Views0 minRead time
Australia border
Australia Market Insights News & Event
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…
14/02/2022307Views1 minRead time