How are house prices in Melbourne, Australia? How does it compare with real estate investment in mainland China?

A look at various data in the first half of 2016 shows: 30-year low interest rates, low unemployment rate, Melbourne’s immediate needs, continued population growth, and the low exchange rate of the Australian dollar. The market is stable and bubbles are nothing. Of course, any investment has risks. If you are smart enough, see your own advantages, and choose the right area and property type, you have nothing to worry about.

One: Stamp Duty

This is a very important issue for first-time home buyers. After all, after finally saving the down payment, if it is an off-plan house, you can naturally save a lot of stamp duty. Taking Victoria as an example, calculating stamp duty is a very complicated formula. The land and property itself are calculated separately, and are basically between 5% and 5.5%. Taking a 1 million real estate as an example, you can save up to 55,000 yuan. Do you feel like you have enough money to buy furniture? Yes, that’s how money is saved.

Second: Loan interest rates

It is currently the lowest point in the past 30 years by the Reserve Bank of Australia (RBA). If calculated based on owner-occupied housing, general housing loans The interest rate is around 4.x%. Compared with 8.x% eight years ago, the repayment pressure is really comfortable and unnecessary. If the monthly repayment remains the same, you can afford to buy a more expensive property. Of course, we would also like to give you a warm reminder here to prevent over-loaning and avoid excessive repayment pressure after interest rates rise. However, according to the current economic situation, the interest rate adjustment will not be too large in the next three years, so you don’t have to worry too much about your repayment budget.

Third: Australian dollar exchange rate

Although the Australian dollar has risen slightly against the RMB recently, the exchange rate has basically remained at around 1:5. First-time home buyers with overseas capital background should hurry up. Compared with two years ago, the Australian dollars they can exchange now will be 20% more out of thin air. In this way, the budget will be more abundant. Of course, you can also think of it as Australia giving you a 20% discount on the property you plan to invest in. Why not?

There are many benefits to Melbourne real estate investment, and you don’t have to worry too much about excess and bubble problems. Whenever there are good projects, it depends on whether you will buy them.