▶ Intro & Thoughts
Welcome to the finale of our three part miniseries about Australian real estate. In this episode, we zoom in on the Melbourne property market, key differences between main metros areas, and end on the nation-wide trends that any investor must be aware of. We are honored to have Terence Cheung as our guest for the third and final segment of this series, and hope that you appreciate his insights as an overseas investment specialist. Hope you enjoy
In our final episode with Terence, we began our discussion with Melbourne, but the conversation soon opened up to include macro trends such as federally sponsored disability housing, and the need for stronger tech platforms. In any region, understanding the differences in infrastructure, culture, and way of life between the main cities can mean the difference between a good or bad investment. Australia is no different. Whereas Sydney is sprawling, Melbourne is concentrated, with a much smaller Central Business District (CBD). Comparatively, Melbourne has slightly smaller homes, which appreciate successfully if near schools.
Meanwhile, the growth of Specialist Disability Accommodations (SDA) is applicable to not only Melbourne, but the entire nation. If real estate companies can develop projects that both care for those under the government program, and at the same time earn almost double yield, it is a win-win. When much of the world is grappling with the pandemic, with citizens increasingly voicing frustration, it is refreshing to hear of concrete steps that a government is taking to subsidize and encourage growth, in both community and business.
There are many more developments to come, so stay tuned for relevant content. That concludes our three part series with Terence Cheung, but for any questions and comments please do not hesitate to reach out, and as always, we hope you learned something!
▶ Intro & Thoughts (Chinese)
歡迎來到我們有關澳洲房地產的三部份迷你係列的結局。 在本集，我們將重點介紹墨爾本房地產市場，主要都會區之間的大差異，並以任何投資者都必須意識到的全國趨勢為結尾。 我們很榮幸邀請Terence Cheung 參與本系列的第三期——也是最後一期，希望您喜歡他作為海外投資專家的見解。 希望你喜歡！
▶ About the guest:
Terence Cheung founded Raeon in 2014, and has since been providing a full comprehensive service to developers and purchasers across many overseas locations. He has a proven track record of supplying clients with their desired solutions, and a long running passion for real estate.
Terence Cheung 於2014年創辦了Raeon，自此為發展商及買家於海外不同地區提供一站式服務。他擁有供給顧客理想地點的經驗，而且對房地產行業充滿熱情。
▶ Contact Terence here:
Website – https://www.rae-on.com/en/
Facebook – https://www.facebook.com/raeonintl/
▶ Source & Supporting:
SDA: Specialist Disability Accommodation
CBD (Central Business District): is the commercial and business centre of a city. https://www.designingbuildings.co.uk/wiki/Central_business_district_(CBD)
Australian News Resources:
The Age – https://www.theage.com.au/
The Herald Sun – https://www.heraldsun.com.au/
The Australian Financial Review – https://www.afr.com/
PropTech: the application of technology in real estate.
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