Are you fully prepared to buy a house in Australia? Are there any new policies for investing in Australian real estate?

Are you fully prepared to buy a house in Australia? According to the job responsibilities involved in managing the whole house, most people will be discouraged, especially when buying a house for the first time. However, despite the variety of new projects, fortunately, most of them are very simple. Even if you have no experience, you can still do it yourself, and you can do it separately, not at once.

If you encounter some problems that you don't know how to deal with, YouTube can help you. If it really doesn't work, you can also ask someone to come to the door for service. In order to keep your home in order, you can make a calendar of house appearance according to your own preferences, and keep your new home clean for many years. Below we put forward some suggestions on the cleaning cycle time of general matters for your reference.

Are there any new policies for investing in Australian real estate? 1, interest rate increase cancels concessions

Principal-free loans are risky, but they are very popular in the Australian housing market. Lenders can only repay the loan interest every month, but not the principal, and the term is generally 5-7 years. Only by the deadline, the unpaid loan personnel must pay off the principal.

A few months ago, the Australian government raised the mortgage interest rate. According to the report of Citibank brokers, the country's largest bank raised the interest rate of principal-free loans by 55 basis points this year, which is enough to stop some middle-class investors.

Today, the Australian central bank is also trying to reduce the market share of non-principal loans in the market. Regulators stipulate that such loans will account for 30% of new housing loans this year by September this year.

2. Foreign customers idle real estate or pay taxes of 5,000 Australian dollars.

At this stage, the federal budget has not yet been promulgated, but it is expected that foreign asset allocators who buy asset allocation houses in Australia but do not use them will be charged more than A $1,000. According to SkyNews, if foreign asset allocators leave their detached houses or apartment buildings idle, this method will make them pay up to 5,000 Australian dollars for each property.

The Australian Taxation Office (ATO) has set up land registration agencies for foreign-funded enterprises throughout Australia to confirm which land belongs to foreign China citizens. He may compare the demand for water to confirm which properties are idle. The University of New South Wales may explore that up to 90,000 houses are vacant, while Melbourne statistics show that nearly 20% of asset allocation real estate is vacant.

3. Victoria restricts the auction price of real estate to 10%.

The Victorian Consumer Affairs Department began to implement a series of housing real estate pricing policies and regulations on May 1. The most important requirement is to strictly limit the price of listed real estate.

This series of laws requires real estate agencies to get the estimated price, the transaction price of the last three similar real estate sales and the median local house price when marketing and promoting real estate prices. In addition, it also stipulates that the price positioning distance shall not exceed 10%, and it is forbidden to create unlimited prices.

4. Cancel the tax preference for investors.

After the financial crisis broke out in 2008, in order to attract investment and restore economic development, Australian government departments announced tax incentives for investors. Everyone can be an "investor loan"; If you own an Australian house 12 months or more, you can enjoy the income tax benefits brought by the appreciation of the house.