MelbournePropertyInsight.com

Link between high immigration and unaffordable housing prices?

admin — Fri, 03 Feb 2012 01:08:10 +0000

New York
Vancouver
Melbourne

3 of the most immigrant intensive areas. 3 of the most overpriced and ridiculous real estate there is. I know there is some link but is there actually any scientific research eg: pct of immigration to pct increase in median average income required to own a standard house?

I do not know about those specific areas, but I was in Las Vegas recently and saw a news story about several immigrant families sharing an apartment to afford housing. There were at least 10 people living in a small space for the news story, in some apartments, many more.

If you are splitting high rent enough ways, it becomes affordable.

Where can i find work experience in Melbourne?

admin — Tue, 31 Jan 2012 09:06:06 +0000

Next year I am required to do one week of work experience. I am wondering if anyone knows any jobs accepting year 10 work experience students.
i know many hospitals so, and rspca does, but most places have already been taken. I am interested in the medical field, recreational as well as real estate.

I’ve heard that LJ Hooker real estate often take on-board students as part of their work experience program.

I hope this helps.

Regards,
Bazza

Can foreigners buy Real Estate in overseas countries like the USA?

admin — Mon, 30 Jan 2012 06:46:19 +0000

I was wondering if you can buy real estate in the USA. I am from Australia and it’s very difficult to by investment real estate and make money from the properties in cities like Melbourne and Sydney. People who bought property in the late 90’s are laughing. But for the young ones it’s very hard. I have a friend who is going over to the USA to check it the real estate market over there. Do you have to be a US citizen to buy over there? I think it might be a far better opportunity now that prices over there are so cheap.

You can buy whatever you want in the US. It will not assure a VISA and you will pay more taxes on it then a citizen would.

The Chinese own much of the west coast, and the brits are buying up FL at a fast rate.

Why are the prices so different for real estate in FL vs. CA?

admin — Thu, 26 Jan 2012 05:33:30 +0000

How come you can get a 2,700 sq ft newish house with a "million dollar" view in Melbourne, FL for the same price as a 800 sq ft condo near the freeway overpass in Santa Barbara, CA? The former is near a sugar white beach with clear blue-green water. The latter is near an oily seaweedy beach with arctic cold water. Someone please explain!!

Supply and demand.

buying property in Melbourne, Victoria.?

admin — Wed, 25 Jan 2012 02:51:36 +0000

would like to know cheap areas to buy in Melbourne. also what are the additional cost i.e morgage insurance, stamp duty, changing the morgage over etc, how much would this cost on a property say worth $200,000 if im a first home owner and i intend to live in the property? also totally off the subject is geelong to werribee a good place to buy?

There are cheaper areas in Melbourne, but they come at a cost, excuse the pun. They are always further away from the city where the work and facilities are. Geelong is very far away. At least 2 hours travelling one way. But it can have some nice bits. what do you want, a flat, or a house? Flats are cheaper, and so you could afford to come closer into the city, but still not that close. Werribee, is closer, but you really need to see these places, to get the feel of them. What I may not like, you may like or tolerate. Also, advertisements are misleading, and real estate agents are too. There is no hurry to buy I think as property prices are certainly not increasing in this climate. I’ve noticed people are off-loading holiday houses. they’re way out the city, hours away, but it depends how you plan to live/work and what facilities you need.

WHERE CAN I GO FOR A REAL ESTATE COURSE IN MELBOURNE?

admin — Tue, 12 Apr 2011 10:19:05 +0000

…

In Melbourne there is a famous institute in Victoria they have skill and experience in training…

Take a look at this www.reiv.com.au

i want to know how to immigrate to melbourne australia from canada?

admin — Sat, 02 Apr 2011 04:45:13 +0000

i live in canada now, i had several career include, real estate agent , esthetics’s, tax Professional and massage therapist, i want to immigrate to australia and work . is anyone know how i could qualified to immigrate there? thanks

You career choices are irrelevant if you don’t have the necessary education to go hand in hand with your work experience.The Message therapist might be something you want to expand on to get into Australia.

question on property?

admin — Sun, 27 Mar 2011 08:03:31 +0000

Is this the good time to buy property in melbourne, apartments

Always buy,never sell………………….Buy cheap,sell dear……

Yes,it is good to buy now.

does thurnell alston own property in melbourne fla?

admin — Tue, 22 Mar 2011 08:40:14 +0000

No idea, this is Melbourne, Victoria, Australia. Wrong Melbourne.

Does anyone know how I can check whether my name is on a real estate black list?

admin — Mon, 14 Mar 2011 22:59:23 +0000

I was evicted from the house I was living in Melbourne but the landlord was very kind and said I could continue to live in the house provided I made up the rent I was behind on.

In Australia, defaults and evictions are listed with the TICA Tenancy database (see link below). You can access information on your TICA file by contacting them by mail and for a small fee ($14.30) they will send you the file by mail, click the link at the top of the website for "Tenants" for more information. Everytime you apply to rent a property, fall behind in rent payments, cause (or leave) damage to a property you are renting, have excessive complaints (from neighbours etc) about your tenancy, abandon a rental property or are evicted – it will be noted on your TICA file which will make it difficult to find a rental property in future.

If your landlord still allows you to live in the property – then you have not actually been evicted.