Real Estate

/Real Estate

Signing a Property Lease Before the Visa Comes Through

A case study Picture the scene: Geoff and Sally are on a “look-see” visit to Melbourne ahead of their planned relocation. Geoff’s new job is due to start in six weeks. They decide they like Australia and Melbourne, and fall in love with a family home costing $1,500 per week. However they aren’t the only ones [...]

February 21st, 2018|

Rising Short-term Accommodation Costs

Continuing growth in demand for short-term accommodation has resulted in upward pressure on prices. We have seen increases in recent times averaging at least 10% per year and in some cases considerably more. As a consequence budgets may need revision. Some Budgets Cannot Meet Expectations We are seeing some employers struggling to achieve acceptable standards of accommodation [...]

February 21st, 2018|

Australian Housing Costs – Unaffordable Interstate Relocation?

Volatility in sales prices in Sydney and Melbourne and greater stability in other State Capitals. Rental stability across the country except for Perth. What does this mean for employers relocating staff interstate to Sydney and Melbourne? In our August Client Alert we commented that Sydney and Melbourne rents have shown stability in recent years  despite [...]

October 30th, 2017|

Sydney & Melbourne Housing Costs

Stability in rents, volatility in sales prices. What does this mean for those relocating to Sydney and Melbourne? Sydney and Melbourne rents have shown continuing stability over the last twelve months. Sydney houses have averaged approximately 2% increase, with some areas e.g. Lower North Shore increasing by up to 5%. Melbourne houses have averaged approximately [...]

September 4th, 2017|