Australia PR

lycans

lycans

Arch-Supremacy Member
Joined
Mar 14, 2004
Messages
19,802
Reaction score
93
alvina87 said:
yea its true, love the G.C!! in fact my relatives were keen to explore the opportunity of buying G.C. property but we realised there is limited upside due to overwhelming supply, just look at all the skyscrapers!

And rental yield is low too, since there's supply overhang..

I guess its a good buy only if u're looking to live there yourself.
Click to expand...

Yes ur rite...lots of skyscraper there and lots of apts...cheap rent and cheap housing for sale too. I was quite surprised considering surfers paradise is a major tourist location. I guess they over supply the properties there
 
P

patryn33

Arch-Supremacy Member
Joined
Apr 10, 2006
Messages
23,203
Reaction score
80
alvina87 said:
yea its true, love the G.C!! in fact my relatives were keen to explore the opportunity of buying G.C. property but we realised there is limited upside due to overwhelming supply, just look at all the skyscrapers!

And rental yield is low too, since there's supply overhang..

I guess its a good buy only if u're looking to live there yourself.
Click to expand...

want to invest do it early...
seem like a same housing bubble in Japan and today's USA. don't buy a big house for half a million and then find it worth 50% less after 2yrs. not even sure if market would ever bounce back.
 
A

alvina87

Junior Member
Joined
Apr 30, 2007
Messages
90
Reaction score
0
patryn33 said:
want to invest do it early...
seem like a same housing bubble in Japan and today's USA. don't buy a big house for half a million and then find it worth 50% less after 2yrs. not even sure if market would ever bounce back.
Click to expand...

hi patryn..ur statement sounds rather contradicting.. i.e invest early in the bubble but find its bombed out 2 yrs from now? care to elaborate? haa.. but i think AU properties are good buys only in the capital cities.. once read an article that in 2040, AU's population will be 40mil as compared to 20mil+ now..

btw, any advice on taking a sgd-denominated loan for the low interest rates? no bank will lend to buy AU properties right.. but if i can take out a loan by putting some collateral, is it advisable? Apart from forex risk, is there any other thing that can cause it to bomb out?
 
lycans

lycans

Arch-Supremacy Member
Joined
Mar 14, 2004
Messages
19,802
Reaction score
93
How to check if the property in Australia is freehold or leasehold? anyone?
 
Inix

Inix

Arch-Supremacy Member
Joined
Jan 1, 2000
Messages
13,525
Reaction score
0
alvina87 said:
hi patryn..ur statement sounds rather contradicting.. i.e invest early in the bubble but find its bombed out 2 yrs from now? care to elaborate? haa.. but i think AU properties are good buys only in the capital cities.. once read an article that in 2040, AU's population will be 40mil as compared to 20mil+ now..

btw, any advice on taking a sgd-denominated loan for the low interest rates? no bank will lend to buy AU properties right.. but if i can take out a loan by putting some collateral, is it advisable? Apart from forex risk, is there any other thing that can cause it to bomb out?
Click to expand...
If you're not any premier (Citigold, UOB Premier, HSBC Premier etc) customer, you probably can forget about it. Most banks won't entertain you.
 
P

patryn33

Arch-Supremacy Member
Joined
Apr 10, 2006
Messages
23,203
Reaction score
80
alvina87 said:
hi patryn..ur statement sounds rather contradicting.. i.e invest early in the bubble but find its bombed out 2 yrs from now? care to elaborate? haa.. but i think AU properties are good buys only in the capital cities.. once read an article that in 2040, AU's population will be 40mil as compared to 20mil+ now..
Click to expand...

Did U read with care?
I just quote an example from the USA. that dude in the example camp overnite to get his house. plenty of joes there (population 300M) buy into the idea of a good buy too.

2040 population 2 double? today they are controlling immigrants by tightening immigration law. how old is the article?
Capital cities are better 10yrs ago, where the flow is kinda drip or trickle.
today with skill migration prevalent the dream of owning a home, rich ppl are buying alot. for ppl wanting to buy do travel there drive around to check out whats its like. if U buying for investment don't blindly follow the flow thats all. understand what are U getting yourself into esp U thinking of getting some form of sgd-denominated loan.
 
Zetta83

Zetta83

Master Member
Joined
Oct 31, 2006
Messages
3,972
Reaction score
309
ChaeYeon said:
up till now , still nobody shares ways to get australia PR? haha'
Click to expand...
I think that we did. Anyway...

There are many roads up a mountain, but the view at the top is the same.

1. Go marry an aussie guy/gal.
2. General Skill Migration
3. Join and boat ppl and claim to be an asylum seeker (although it's a lame idea, it might just work)
4. Be a super rich investor.
 
C

ChaeYeon

Senior Member
Joined
Feb 20, 2010
Messages
1,356
Reaction score
0
Zetta83 said:
I think that we did. Anyway...

There are many roads up a mountain, but the view at the top is the same.

1. Go marry an aussie guy/gal.
2. General Skill Migration
3. Join and boat ppl and claim to be an asylum seeker (although it's a lame idea, it might just work)
4. Be a super rich investor.
Click to expand...

i think the most feasible way is general skill migration program.

any idea is it easy for accountants to migrate over?
 
Zetta83

Zetta83

Master Member
Joined
Oct 31, 2006
Messages
3,972
Reaction score
309
ChaeYeon said:
i think the most feasible way is general skill migration program.

any idea is it easy for accountants to migrate over?
Click to expand...
No idea! :)

Accountants with experience should be in demand. But still awaiting for the new in demand list to be finalized on 30th April, I think.
 
C

ChaeYeon

Senior Member
Joined
Feb 20, 2010
Messages
1,356
Reaction score
0
Zetta83 said:
No idea! :)

Accountants with experience should be in demand. But still awaiting for the new in demand list to be finalized on 30th April, I think.
Click to expand...

really? how to find the demand list?

can give me the link for it? thanks
 
You must log in or register to reply here.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top