Australia is on investors’ radar as Hongkongers on student visas are offered a 5-year visa extension and a pathway to permanent residency. Western Australia emerges as one of the most attractive growth markets in Australia. Its biggest city, Perth, with prices 1/3 of Sydney’s, is expected for a renewed upswing after showing signs of bottoming out. Investors can also bank a 75% stamp duty rebate (applicable only in WA) and benefit from a slashed interest rate.
Applecross, the ‘Repulse Bay’ of Perth, is the most distinguished neighborhood populated by wealthy locals. We launched Riviere Residences, a premium waterfront-living on the banks of Swan River, during our Zoom webinar the past weekend.
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