Skilled immigration the key to Australia’s property markets

November 7, 2012 By Ed Chan Leave a Comment

About Ed Chan
Ed is a founding partner of Chan and Naylor accountants and a leading property tax specialist. He has co-authored 3 best selling books. As a seasoned property investor he shares his unique understanding of the relationship between property investment and tax. Visit www.Chan-Naylor.com.au

Oz, from a Saffa’s viewpoint??

This is a copy October 2012 newsletter……..

It’s been a few months since my last Oz property Investment newsletter. I’ve delayed as there has not been very much to report, but it seems a pattern might be emerging.

property prices holding firm

According to the latest figures from the Real Estate Institute of Queensland, Southeast Queensland house prices held their ground in the June quarter.

Australian Housing shows strength.

Australian Housing shows strength.

The latest Credit Suisse Global Yearbook says that since the 1950s, Australian housing has been stronger than nations such as Britain, the US and France.

Some Australian Weekly rents have risen 45% in the past 12 months

We all know that the vacancy rate remains tight, but few realise just how tight it has become.

2012 and the Future in SA

We all have choices, some are easy to make, some are difficult

ANC wants to change The Constitution

The ANC is contemplating dramatic changes to the country’s Constitution and changing the powers of the Reserve Bank and provinces.

China’s Prosperity and what it really means

We all know the strength of Australian property markets are underpinned by Australia’s economic prosperity and of course this is closely intertwined with China’s growth.

However, with the economies of many countries faltering, stories of a property bubble in China and of China’s growth slowing, some are concerned that stumbles in China’s economy could stunt Australia’s economic growth.

So let’s look at what’s really happening in China and what’s ahead. And more importantly what this may mean to your and my wealth…

Confidence returning on the Gold Coast

The Gold Coast’s successful bid to host the 2018 Commonwealth Games has boosted confidence and  drastically improved sentiment in the December quarter of 2011.

A soft homebuyer market has  increased pressure on the rental market, resulting in higher rents across the entire country

Median weekly asking rents for houses increased by 1.1 per cent in the December quarter

Brisbane and Perth  had healthy jumps, increasing by 2.7 per cent and 2.6 per cent respectively,

Increasing competition for properties, particularly from homebuyers unable or unwilling to enter the property market has resulted in rising rental prices

Landlords have capitalised on the high competition in the marketplace and are charging a premium for their properties.

What’s all this about investing in Australian mining areas???

Boom times in the bush???