by Konrad Bobilak | Feb 13, 2017 | property
Fifteen properties in Victoria and Queensland, worth a combined $14m, have been forcibly sold off in the latest round of divestments triggered by the ATO’s ongoing investigations. To date, foreign investors have been forced to sell off more than $100m worth of...
by Konrad Bobilak | Feb 13, 2017 | property
ILLEGAL foreign property investors have been forced to sell lavish homes worth a combined $107 million, including a string of mega-mansions bought by Chinese billionaires. It is the culmination of a crackdown on illegal foreign buyers started by former treasurer Joe...
by Konrad Bobilak | Feb 13, 2017 | property
Melbourne’s February home auction market got off to a hot start as buyers pounced on the weekend’s significantly higher listing numbers. Melbourne reported a strong clearance rate of 78.5 per cent on Saturday, which was well ahead of the 70 per cent recorded the...
by Konrad Bobilak | Feb 6, 2017 | property
Skyrocketing rents in Hong Kong have seen a rise in the number of people living in “coffin” homes. With property prices jumping nearly 50 per cent since 2012, it is estimated more than 200,000 people now live like 61-year-old Ziwa Wong, in a tiny space that’s just 1.8...
by Konrad Bobilak | Feb 6, 2017 | property
Unseasonably festive season sales and auctions against record low stock levels gave house prices another price boost in January with Sydney and Melbourne recording the highest growth, Corelogic’s January Hedonic Home Value Index shows. Sydney posted a 1 per cent...