Vic removal of stamp duty exemption for OTP buyers 'final nail in coffin'
The Victorian government's decision to scrap the stamp duty exemption for buyers purchasing off-the-plan could mean lower supply of new dwellings, sending prices and rents higher, says Sam Tarascio of Salta Properties.
Australia still a property hot spot for Chinese buyers
Chinese investors are finding new ways to finance real estate purchases in Australia, with 40 per cent saying they would use vendor finance to buy property over the recent Golden Week holiday period, according to Jon Ellis of Investorist.
Chinese New Year tourists combine holidaying with buying property
Investorist's Chinese and Australian offices are preparing for a flood of new enquiries in the lead up to ‘Golden Week’, one of the biggest property buying periods of the year.