Foreign investment in Australia aiding affordability
Foreign investment in real estate in Australia could be the key to keeping prices down across the country, according to the latest release from the Property Council of Australia.
With the never-ending search for affordable housing driving the next generation of homebuyers, it appears that high-rise apartment buildings and other high-density living solutions will become the more popular choice of homes for sale.
Infrastructure and community investment in 2015/16
When it comes to elevating the profile of a geographical or council area, as well as the value of real estate of other assets in that region, infrastructure and community development plays a key part.
A strong supply of new homes for sale isn't just essential to keep the wheels of the real estate market spinning - it's crucial for supporting affordability in some of the busiest and in-demand areas.
In good news for the Australian economy, the national unemployment rate dropped 0.2 per cent to reach six per cent in May, according to the Australian Bureau of Statistics (ABS).