Melbourne, located within
Victoria,
(South-East Part of Australia), has been crowned the world most liveable City
by the Economist Intelligence Unit for the third consecutive year. And in the
last decade, Melbourne population grows by over half a million people which
amounted to around 647,200 people as reported by Australian Bureau of Statistics.
Most of this increase is attributed by
over migration.
Currently, to reach Melbourne, we can transverse a flight to Melbourne
Airport which is located approximately 25km north-west of the Melbourne's CBD. Melbourne
airport, Australia, is well-known for its world class facilities. It combines
the domestic and international terminals and catered to more
than 20 million passengers in 2005 alone.
Public transport choices at the airport in Melbourne include the Skybus
Shuttle Bus service which runs at regular intervals to the city and major
hotels, 24 hours a day, along with public buses and taxis.
To move Around Melbourne, We can choose between various public transport
namely the Trains, Trams, Buses or Taxis.
By Trams:
If you're visiting Melbourne, Victoria, you will often see plenty of
the iconic Melbourne trams moving through the city and suburbs.Melbourne
is the only city in Australia where trams still operate, with the Melbourne
tram network making up a large portion of the Melbourne public transport system.
Most Melbourne tram routes go to or from the city, but there are also services
that journey across the inner southern and inner eastern suburbs.
*The City Circle tram is a free tourist tram that operates
around the Melbourne CBD.
By Trains
Whenever you're visiting Melbourne, Australia, Melbourne train
travel is a great way to see the city.
By Buses
A great way to discover the magical city of Melbourne, Australia, is on
the city's safe bus system.
The Melbourne bus network is made up of bus services across
the city and suburbs, provided by over 20 private bus companies. Melbourne bus
routes range from major routes to short routes, linking with other
Melbourne public transport. SmartBus routes, the high frequency bus services
connecting many of the city's major centres and train lines, operate daily.
By Taxis
A reliable, convenient and extremely comfortable way to travel around
Melbourne, the capital city of Victoria, Australia, is by Melbourne taxi. Melbourne
taxis are all bright yellow, making them easy to spot and they are
available at all hours.
So why invest in Australia??
1. Australia is currently enjoying one of it's most successful economic
periods and the property market has benefited greatly from this. With a steady
growth in GDP (approx 2 to 3%pa)
2. Strong Investment Performance - The Australian property market has
been one of the world's most consistent Property markets over the past 30
years, providing secure returns in excess of 7%pa over this period. It has
shown steady increases of around 3% per annum since the 1970s. Since the 1990s
however, prices have risen by around 6% per annum.
3. Traditionally low interest rates and it's lowest unemployment rate for
decades, the safe investment environment is expected to continue.
4. Continual population growth of 1.6% annually creates a shortage in residential.
60% being migrants which based on the current population of 22.3M translates to
approx. 200,000 new residents looking to rent or purchase a property.
5. The laws protecting the interests of landlords are very clear and
ensure that you are always safeguarded against issues of squatters, of
delinquent tenants to further enhance your investment through the legal system.
6. Low down payment of ONLY 10% now, balance on Completion for most off
the plan development.
7. Stamp Duty Savings - Substantial savings in Stamp duty of up to 80-90%
if you buy NOW Off Plan as compared to FULL 100% Stamp Duty payment if you buy
at Completion.
8. Tax Benefits - There are also some noteworthy tax benefits to be
aware of. There are more deductions available the newer the property is,
especially when being brand-new so this maximizes your tax deductions
especially your Real Cap Gain Tax.
9. Future Migration to Australia - If you are contemplating migration
to Australia at some future date, then acquiring property prior to your arrival
is indeed beneficial. As you acquire your future residence at “today’s” price rather
than the increased value when you actually relocate, but it will provide you
with a strong financial platform upon your arrival to build a more secure life
in your new country. It may also provide you with distinct tax planning
advantages to reduce the impact of Australian taxation when you become an Australian
resident.
10. Future Expatriate Return to Australia - As Australian expatriate it
is very likely that one day will return to Australia to live and work hence you
can sell or rent your property to them.
11. Accommodation during child’s study in Australia – If your Child is
likely to study in Australia it is most beneficial for you to buy a property
than to rent in the future. Even if the location is not near to your property
you have a rental income to offset any renting in the future.
So what’s off plan
development is currently in Australia Melbourne?
The Altus @ Digital harbor, Docklands
The Altus is a
Melbourne
new launch located
within
Docklands precinct and is set to be one of the tallest
towers at Docklands, The Altus will rise 115 metres to 37 floors,
with levels 2 -15 to be 4.5 stars Hotel managed by Pan Pacific Group under Park
Royal brand and with levels 18-36 to be home to 299 apartments. Designed by
multi-award winning Moull Murray Architects, The Altus embodies
quality, innovative and intelligent design. Its strategic location on an island
site delivers 360 degree floor to ceiling views of Melbourne’s city
centre, first marinas and the Victoria Harbour. A sheer glass façade wraps
around the 36 storeys, offering precision, timelessness and luxury, that all
point to the finest internal world class style and design, finished off with a
stunning sculptural exterior wall, by world-renowned artists that greets you
proudly as you enter.
S.T.K St. Kilda @ St. Kilda Road
S.T.K– St. Kilda, Melbourne –
St Kilda’s tallest building, elevated on the
crescent of St Kilda Road, offers 26 levels of cool sophistication with two
structures within one sleek façade. The Tower is a soaring statement of
success, reaching to the sky with contemporary 1 and 2 bedroom apartments over
21 levels. Residences revel in a heady cocktail of indulgent views and bespoke
interior design. A 5 level Podium adds a grand presence beneath.
**Disclaimer: Information is provided by
UrPropertySg and it does not guarantee the accuracy, timeliness or reliability of the information and pictures within the site. UrpropertySg shall not be responsible for any liability arising from reliance of any information or use of this site for dealings with any third party.
