Western Australia Luxury Homes and villas
Western Australia Luxury Property Search
Western Australia has the strongest residential building market in the country by a healthy margin, ahead of the Northern Territory and New South Wales, new data shows.
Fewer lower prices houses are being sold in Australia with the residential property market seeing more the number of $1 million plus home sales soaring.
Foreign investment in Australian real estate has jumped by three-quarters in 2014/15, to a record $60.75billion.
Australia’s apartment sector could see a dropping off in demand in 2016, says leading global agent, Knight Frank.
Hollywood star Hugh Jackman and wife Deborra-Lee Furness sold their luxury apartment in Melbourne CBD, Australia quietly. Public documents showed that Jackman couples owned this for nearly 20 years.
New foreign-investment rules could lead to civil penalties and fees being imposed on property investors who are not Australian citizens.