Recent content by AHwee

Yes, I have certainly seen that. There's more empty shops in the CBD of Bendigo. Retail has not been performing well and I really do not see anything that'll improve the situation anytime soon. So beware if you're buying commercial properties here! And though interest rates has dropped, banks...

Regarding Geelong, the feeling I have is prices of houses there has gone by a fair bit a few years ago. Houses in or near the CBD areas are already pretty high. Is there room for further growth there?

Yes. I think Ballarat is big enough to provide opportunities for one to invest. There's no need to look at other towns. Care to share the good areas in Ballarat to invest and which areas to avoid? Generally areas near the CBD are good but this might not always be true. E.g. Strathdale or...

So if it is generally agreed that Bendigo is suffering from high vacancy rate, higher property prices and excessive supply of new houses, which other regional towns in Victoria fare better in terms of property investment, other than possibly Ballarat? How about Wodonga or Shepparton? Or even...

I spend a portion of my time in Singapore and has not seen anything from cairns being advertised here. I my opinion, even if anything from Cairns is to be marketed here, it will not arouse much interests. Reason is Cairns is not a big place. Singaporeans, if they buy in Australia, will...

But Bendigo has a new hospital coming up, to be completed end 2016. This is one of the biggest single building project undertaken in a regional town in Australia. Its coming should have a positive impact on the economy and housing market of Bendigo. On the other hand, Ballarat don't seems to...

Is Bendigo still a good place to buy properties for investment purpose? Prices of houses there seems to have stagnated for some time. Supply of houses plentiful and vacancy rate seems high. It is hard to rent out houses there now. Bendigo seems on the whole, to have lost its shine..

Yes foreigners are allowed to buy Malaysian houses. But I think they have some form of control now. If I am not wrong, non residents can only buy houses that are more than Malaysian dollars $500,000. (Around A$150,000) As for businesses, what I know is you need a local partner to set up a...

Hi mate I know what you are thinking. But comparing HK with Shenzhen and Singapore and JB are like comparing apples with oranges. Firstly, Hong Kong and shenzhen are governed by China. It is to china's interest that shenzhen does well. That explains why China dumped in so much money to...

Hi mate : I am surprised you posted something about Johor Bahru here as this city is not widely known in Australia. I reside mostly in Singapore and Singapore being the neighbour of Johor Bahru (JB), a city in Malaysia, receives lots of news regarding its property development. I can share...

Any regional towns in Victoria that will do well? So far the talk about regional towns all confined to NSW.

I think regional market is a black horse. I believe some of the regional towns will see good returns plus good capital growth in years to come. Reasons?? - Australia is one of the most unevenly populated nation in the world. Some 70 to 80% of the population are packed into 5 capital cities...

Property market going downhill Although i wish house prices can drop and cool a bit, and i do feel it might, it may not last long. The main reason is Australian properties, especially those in melbourne and sydney has been so exposed to foreign buyers that local economic performance or...

Seems like we are hearing more and more of negative news about the property market these few weeks. Government seems determined to stem the rise of house prices esp in the big cities this time round and rightly so as the nation's economy does not justify house prices increment at all. Going...

vacancy rate of Bendigo 6% There is no real statistics yet. But I think vacancy rate of houses in bendigo has increased over the past few months. My 3 bedroom house there, after 5 rounds of rent dropping and now 3 months since putting up to market, is still empty. To worsen matters, there...