Areas such as Zetland and Waterloo in Sydney, and the South East Queensland region are showing no signs of slowing down, says iBuyNew CEO, Mark Mendel.
Ipswich has been one of the fastest growing populations in Australia over the last decade. With a youthful demographic and affordable housing, the market is gaining a lot of interest from investors.
From 1 July, all home owners selling a property worth more than $2 million will have to obtain certification from the ATO proving their residency, or face a 10% withholding tax.