{"id":14393,"date":"2017-10-14T01:00:40","date_gmt":"2017-10-13T14:00:40","guid":{"rendered":"http:\/\/realestatetalk.com.au\/?p=14393"},"modified":"2017-10-14T01:00:40","modified_gmt":"2017-10-13T14:00:40","slug":"video-act-steady-as-she-goes","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/video-act-steady-as-she-goes\/","title":{"rendered":"VIDEO &#8211; ACT \u2013 \u2018steady as she goes\u2019"},"content":{"rendered":"<p><strong>Transcript:<\/strong><br \/>\nThe ACT is set for slow growth due to an increased supply of apartments. Despite this, rental demand is still strong according to property valuation and advisory group Herron Todd White.\u00a0 The sentiment was expressed in its Month in Review report for August.\u00a0\u00a0 For investors who wish to pursue yields over capital growth, the report recommends the purchase of an apartment, especially those located in the CBD as well as apartments close to the University of Canberra and the Australian National University.\u00a0 Capital growth for detached housing has also been described as performing well in the ACT.\u00a0\u00a0 For investors looking to build, the report states an entry point could be through the Mr Fluffy asbestos removal scheme, which sees property that\u00a0utilised Mr Fluffly loose fill asbestos demolished, the asbestos removed, and the land put up for sale.\u00a0 There are, according to the report, \u201cseveral hundred blocks\u201d made available in profitable areas, which could pave the way for profits down the line in terms of land and property value, as long as investors are willing to pay.\u00a0\u00a0 Now a story about schools and real estate and it is not about how the value of a property improves because of its location to a school \u2013 it is how the school sees the value of the property.\u00a0 <em>One of Melbourne&#8217;s most prestigious private schools has continued its aggressive expansion by buying a neighbouring 3 bed room house for almost $1 million above reserve.\u00a0<\/em>\u00a0 The property in Hambledon Road, Hawthorne sold for just under $3.2M.\u00a0\u00a0 Scotch College now owns all but 11 of 27 houses in Hambledon Road.\u00a0\u00a0 The exclusive boys school, which sits on 27 hectares, has spent about $25 million on property in adjacent roads alone.\u00a0\u00a0 Meanwhile &#8211; Australia is losing Chinese buyer interest to other parts of the world as tougher government regulations and new tax rules continue to bite.\u00a0\u00a0 Chinese enquiries in Australian residential property was down 9.7 per cent in the first half of the year compared to the same period in 2016, Chinese international property portal Juwai.com figures have revealed.\u00a0\u00a0 At the same time, inquiries from around the world, including Thailand, Japan and Malaysia, grew by 8.7 per cent. The top 10 countries for Chinese property buyers in 2017 were &#8211; United States, Australia, Thailand, Canada, United Kingdom, New Zealand, Germany, Japan, Malaysia and Spain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Transcript: The ACT is set for slow growth due to an increased supply of apartments. Despite this, rental demand is still strong according to property valuation and advisory group Herron Todd White.\u00a0 The sentiment was expressed in its Month in Review report for August.\u00a0\u00a0 For&#8230;<\/p>\n","protected":false},"author":176692471,"featured_media":14394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,13,29],"tags":[131],"class_list":["post-14393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kevin-turner-sponsored-channels","category-latest-story","category-video","tag-videos"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>VIDEO - ACT \u2013 \u2018steady as she goes\u2019 - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/video-act-steady-as-she-goes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VIDEO - ACT \u2013 \u2018steady as she goes\u2019 - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"Transcript: The ACT is set for slow growth due to an increased supply of apartments. 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