It seems like the worst is over for the Australian residential property market, with home values back on the rebound.
In the 3 months to October, values surged by 2.9% nationally, with top performer Melbourne rising by an astounding 5.5%. Sydney came in second at 5%, while third-placed Canberra rose 2.4%.
With Brexit postponed yet again, here are 5 things that property investors need to know about the London property market now.
Another Brexit postponement is on the horizon.
Last night, for the very first time, the House of Commons voted in favour of the Withdrawal Agreement Bill (the main Brexit legislation), after rejecting PM Boris Johnson’s second attempt to push through his new Brexit deal vote on Monday. However, MPs rejected the Parliamentary timetable to scrutinise the Bill in 3 days. A colossal Bill such as this typically takes weeks to pass Parliament, thus Mr Johnson’s plan to have Brexit done and dusted by 31 October was always a tough ask, to say the least.
The Bill has now been paused and the EU has indicated that its acceptance of the UK’s request for another Brexit delay.
Manchester remains the No.1 UK city on the Economist Intelligence Unit’s annual Global Liveability Survey for the 9th consecutive year, trumping London and underlining a continued demand by people to live and work there.
Manchester has once again clinched this year’s No. 1 spot of Most Liveable City in the UK, for its ninth year running.
The Economist Intelligence Unit’s annual Global Liveability Survey rated 140 of the world’s largest cities based on factors such as education, social stability, education, infrastructure and access to healthcare.
The survey paints a picture of the appeal and desirability of Manchester as a place to live and work.
Good news for the Australia Property Investment market — after another successful weekend of auctions, the worst appears to be finally over for the Sydney and Melbourne property markets.
Across the weekend, 78% of all Sydney and 74% of Melbourne homes were sold, according to real estate platform Domain.
WHAT DO THE SUPER-RICH HAVE IN COMMON? In this article, we explore some similarities among the wealthy.
Thinking of putting your cash into overseas property investment, but feeling a bit wary about it? Naturally, a big decision like this needs to be examined with much care and thought.
But let us catch your attention for a moment and show you how investing in overseas property can help you kill two birds with one stone.
UK property investment continues to remain on the radar of investors despite the shifting political landscape in the European continent. For behind all that Brexit brouhaha is a serious housing undersupply — a growing dilemma that continues to drive prices and rents in the UK property market. Which cities have the best rental growth? We examine the top cities in the UK and their corresponding vacancy rates.
Research has indicated that property remains a preferred investment among the ultra-wealthy, offering definitive and comparatively rewarding long-term returns.
We always hear investment experts say, ‘Diversify, diversify, diversify!’
It’s easy for them to say that when they have a bank of knowledge available on where to plonk their pennies, right? They have people to study, review and discern the markets every day whilst regular people like you and me tread cautiously — because unlike them, we aren’t subject matter experts.