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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 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…