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Asia Buyers Snap Up Australian Hotels As Mining Boom Fills Rooms

Sales of Australian hotels to offshore buyers set a record in the first half as Asian companies including Shangri-La Asia Ltd. (69), Starhill Real Estate Investment Trust (STRH) and Langham Hospitality Group were lured by rising occupancy and room rates.

Property rents soaring in some Australian cities

People moving to Australia to live and work face higher prices to rent houses and apartments in most cities, the latest real estate figures show.

Long name, hot property

The Sydney Morning Herald 06.07.2012
Rental property in Sydney for $70,000 … a month

SYDNEY is known for its absurdly expensive rent but this three-bedder is in a league of its own.

Long name, hot property

SERIOUSLY, has there ever been a longer title for a show? At 12 or 13 syllables, depending on how you pronounce ''Australia'', LifeStyle's latest adaptation of a British property format - Location, Location, Location Australia - hardly rolls off the tongue. ''Our rule is 40 letters, which is how many letters you can get on the EPG [electronic program guide] and we just got on,'' says LifeStyle's director of commissioning, Emma Westcott.

CIMB TrustCapital Buys More Australian Property

The Wall Street Journal 04.07.2012

Real estate market shows recovery signs

The West Australian 26.06.2012
CIMB TrustCapital Buys More Australian Property

CIMB TrustCapital Advisors, a joint venture fund between Malaysia’s second-largest bank by assets, CIMB Group Holdings and Singapore-based TrustCapital Advisors, said Sunday it acquired its fourth Australian property from the Stockland Trust for 56 million Australian dollars (US$57.3 million).

Real estate market shows recovery signs

Home buyers are expected to become more active over the next three years as conditions in the property market improve, a report says.

Home construction and renovation falls in Australia in first quarter of 2012

Preliminary figures published by the Australian Bureau of Statistics provide a disappointing update for residential construction in the March 2012 quarter, according to the Housing Industry Association, the voice of the country’s residential building industry.

Property prices in Australian cities falling, latest data shows

Residential property values in state capital cities in Australia fell by 1.4% in May, a sign that interest rate cuts are not boosting the real estate market.

Finding your dream home in Oz

Irish Times 03.05.2012
Buyers in the box seat as property glut limits vendors

ACROSS Victoria there are 71,190 properties for sale. That is 36 per cent more homes than at the same time last year. In late 2011, the number of listings was even higher, but since late November we have seen listing numbers reduce by about 6 per cent across Melbourne and by a smaller 2 per cent across the state.

Finding your dream home in Oz

Many Irish families are moving to Australia, but house prices and rents are rising, so you need to do your homework, writes CIARA KENNY AUSTRALIA IS one of the main destinations for Irish people leaving in search of employment abroad, but finding a new place to live so far from home is a major challenge, especially for families who have to consider access to work, childcare, schools and public transport, while trying to work out affordability in a different currency. So what should people expect when searching for a home in Australia?


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