Australian technology.
Australian technology.
Australian technology.
Australian technology.
Australian technology.
Australian technology.
Australian technology.
Australian technology.
Australian technology.
Australian technology.
Australian technology.
Australian technology.
Are you seeking investment in something that increases in value, or searching for a home to reside in Australia? Real estate in this country has always offered good return on investnent.
The real estate market in Queensland has hit its lowest point and will improve over the next six months. Consumer confidence is rising because prospects for the mining industry are good. Interest rates will remain low, or fall further. Mortgagee sales remain a problem, however.
QUEENSLAND
NEW SOUTH WALES
The market is New South Wales is going along well though any small thing could turn this trend. While state government funds are insufficient to invest in new infrastructure it is reduing red tape and lowering set up costs for new houses. There is a housing shortage and this will keep prices high for some time
VICTORIA
Housing is depressed in Victoria. There are hopes for improvement. Worries continue about lower interest rates not significantly raising demand. Prices remain high and steady. This is causing buyers not to look at inner-city property and seeking homes in regional centers. Buyers prefer hojmes with solar power.
SOUTH AUSTRALIA
WESTERN AUSTRALIA
Deveopment is going ahead in Perth and there will be need for more housing as new people are drawn in to the region to meet employment demand. Work is plentiful in WA so general demand remains high. It is perceived that market it on its way up. Outside of Perth property demand remains high.
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The South Australian economy is contracting due to cancellation and postponement of private and public projects. Demand for housing is falling off in mining centers. It appears, however, that some major state government infrasture developments will go ahead. It is a believed that the property market cannot go any lower.
Australian technology.
Australian technology.
TASMANIA
Prices are low in Tasmania due to higher unemployment. The north coast is doing quite well. If only the better times in the north could spread to the south of the state. A cooling off period for sale is being introduced by the state government. This will slow down sales growth. The house price trends will continue downward.
Australian technology.
Australian technology.
NORTHERN TERRITORY
The Federal Government is continuing to spend to improve life for Aboriginals. This with new gas and oil projects flows over into general demand which improves the property market. House sales in Darwin are getting stronger as the government moves departments from Darwin.
