Chinese Demand

Chinese developers love Burwood

2e046f50196a06a7f5ad6b456f482fcdf548197bThis DA Approved Residential Development in Burwood of 97 units plus 3 retail shops (Net Saleable Area: 6198 m2 + 301 m2 retail)  is the classic 22-level high rise development.  It has great views/location/transport – Opposite Burwood Train Station – Close proximity to all Burwood’s shopping, cafes, restaurants and library and is exactly what Chinese developers chase in the Australian market.

They are increasingly using company structures to satisfy the requirements of the Significant Investor Visa, and with their Chinese agency networks pre-sell into mainland China. Don’t expect this to slow in the foreseeable future.

“By Shane Clinton”    

Home Loan Rates

Is this the low point in the cycle?

Declining Housing MarketYes we have been predicting sub-5% home loans and yes we are now there! With Central Banks around the world perplexed at the currency wars rapidly escalating, interest rates are likely to stay on hold for the foreseeable future. Simple supply and demand means that as major nations print more and more money and keep interest rates low demand for their currency weakens and their export sector becomes more competitive.

Continue reading