What kind of people are suitable for housing education in Australia, and how much investment is need

To be honest, the investment does not need to be very large, and people who want to study with housing do not need to consider buying a house at all. To put it bluntly, there is no money, if you have the money to buy a house, do you need to talk about what to do here to support your education?!

Generally speaking, a large proportion of students studying in Australia rent their own houses, so many local families will be very happy to rent out their houses, and there is a profit here. Talking about personal experience, I made some pocket money in Australia at the beginning, the cost of renting a house is generally not more than 100 Australian dollars per week, the original market price is to rent a house at about 90 is relatively common, individual will be cheaper, at the beginning I rented 2 sets, each set of 3 rooms are all rented out, the cost rent is 90 Australian dollars per room, that is to say, the whole set is 540 Australian dollars per week. Then the house is rented out, and the corresponding customers undoubtedly choose Chinese students, which are the main customers, followed by some scattered foreign students, who have been in contact with a lot, what is the Middle East, Italy, South America (Colombia, Brazil), Japan and South Korea, and the main group of people has a characteristic, new life!!

Remember to avoid this, the reason is very simple, the new students have just arrived in the place of life is not familiar, just to implement the housing is the primary problem, because they are in a hurry to start school, so they will not be too picky about **, and there is no time to carefully understand the market rent**, it is best to start! I resold the ** for $110, making $20 per unit, and 2 sets up to $120 per week. In this way, you don't have to worry about your rent at all, Australia is easy to study, a lot of spare time, use these hours to work, earn some extra income, basically the daily food problem is solved, some people say that international students have a time limit for part-time work according to the law, you don't ask about part-time jobs here, I don't need to say more, in short, you invest some money, no more, two sets are more suitable, and it is 540 600 This ** range, plus your spare time to do odd jobs, Basically, you only need to pay for your daily tuition at home, and you can earn it by yourself for rent, daily food and drink.

It's a little bit of my own experience, so let's write about this first, I hope it can help you a little. Good luck with your arrival in Australia!

The house is divided, the house price near the school and near the city is expensive, but it is easy to rent, the 4-room is generally about 50-700,000 Australian dollars (Melbourne house price), the same house, of course, is divided into regions, if the loan is at least 20% of the down payment, the loan is repaid first, if the loan is 300,000 Australian dollars and 30 years to pay off, it will be about 2,000 Australian dollars a month, I see that the interest rate of the commonwealth seems to be unrememberable, almost this price), Up to 30 years loan, I feel that the house is suitable for paying off the full amount at one time, the rent collected every month can be used as living expenses, the house is always appreciating, when the time comes to find a good time to sell the house for a few years The tuition fee will come out, it's just my own thoughts, hehe, I have calculated once before, if I take a loan of 350,000 Australian dollars, I will have to repay the loan of 400,000 after 30 years, which is very scary, so I gave up, hehe, I can't turn around, and I can buy another set of interest...

The reason is that there are more real estate houses in Australia, and the return on investment is relatively high, and the house area is relatively large.

It must be because the ecological environment there is good, and the air is fresh, and the house is not very expensive.

The Australian real estate market is stable and prudent: The Australian real estate market is currently the healthiest and most stable market in developed countries! There is no bubble to speak of! It has great investment potential.

The first thing to do is to identify a few questions:

Overseas buyers can only buy new houses, not second-hand houses. Because most of the new houses in Australia are pre-sold, there are very few existing new houses, so if you want to buy, you will generally buy off-plan. If you are lucky, you can come across an off-plan property that is delivered relatively quickly.

Housing prices vary widely from city to city in Australia. I don't know what your budget is in. At present, Sydney's house prices are the highest in Australia, Melbourne, and then Brisbane, **Coast, Canberra, etc.

I don't know what your concept of housing is, do you want to buy a house with full money, and then use the rental money to pay for your children's living expenses? If it's such a plan, I'll tell you later that there will be a better option than this.

To put it simply, it works. And with a reasonable investment plan and the application of leverage, there will be additional cash flow income to support the school.

It's hard to type the answer by hand, can you give a thumbs up first, I'll add it later

Yes, of course, you can rent real estate to solve the tuition fee for four years, and you can learn from housing to a high level!

Mr. Lee's sister and sister both emigrated to Melbourne in 2004. In 2007, Mr. Lee's son went to Melbourne to study. Because he has visited relatives in Australia many times before, Mr. Li is quite familiar with the local real estate market, and knows that the vacancy rate of houses in the local area is very low, and rents are often booked months in advance, and the rent is not cheap at all.

Rent a room of about 10 square meters for 200-300 Australian dollars per week. At 1,000 Australian dollars per month, it is equivalent to nearly 7,000 yuan, and it will cost more than 300,000 yuan in four years. Mr. Lee thought that instead of using the money to rent a house, it would be better to buy a house directly in Australia.

So, under the introduction of his sister, Mr. Li bought a two-bedroom apartment near the school in the name of his son, and the down payment was less than 300,000 yuan at that time.

After the house was closed, one of the sons lived in it and the other was rented out for a monthly rent of 1,000 Australian dollars. Because the local government allows the first five years of the loan to only repay the interest and not the principal, this rent basically solves the son's tuition fees, living expenses, and monthly mortgage (interest) in Melbourne. And the apartment has appreciated a lot in value in the past four years, when the total price was less than A$300,000 (about 2.06 million yuan), and now the market price is 5.6 million Australian dollars (about 4 million yuan).

Although some friends said that from 2007 to the present, many properties in Guangzhou have appreciated by one or two times, and they feel that Mr. Li's investment is not worth it. However, Mr. Li believes that the investment in Australia at that time was mainly for his son's schooling, and it was still more cost-effective in terms of the input and output of funds. "I'm going to my son's graduation ceremony next month, and I'm going to see the house again.

In Australia, the vacancy rate is very low, less than 2%; In addition, the rent is also relatively high, the rent of a single-family villa is about 2,080 Australian dollars per month, which is equivalent to more than 14,000 yuan, and in 3 years, it will take 500,000 yuan, which can cover most of the down payment. Therefore, many parents will choose to buy a house for their children studying abroad in Australia, rent it out at the same time, and use the rent to repay the loan, which can achieve the purpose of "housing for education". After 3 years, the child graduates, sells the house, and can also get an additional income from property appreciation.

Property in Australia is not cheap, and renting is not expensive. Personally, I don't think it's feasible to raise a house.

The general process of buying a house in Australia is as follows:

1. Signing: The owner of the purchase of Australian real estate needs to pay about 5%-10% of the down payment in the exchange contract (10% for apartments and townhouses, and 5%-10% of the total price of the land and house for single-family houses), which is equivalent to the down payment in China, and is not handed over to the Australian real estate developer. Instead, it is deposited into a trust account with the law firm you have hired, which is supervised by a legal authority. The developer cannot use this money until the owner takes over the property, so there is no developer fraud in Australia. Or rather, it can't be cheated.

2. Delivery: The developer shall deliver the house within the time agreed in the contract, and the owner can entrust the first company to receive the house and inspect the house. Pay the full down payment at the time of handover, start the loan business three months before the handover, and start repaying the loan after the existing house, so the repayment pressure is reduced with rent and maintenance interest.

3. Loans: The same rights as local residents can enjoy housing loans, and the latest policy in 2016 is that overseas investors can get up to 60%-65% of the real estate loan amount in Australian banks. The process of Anjie is simple, which is basically the same as the information required to apply for a mortgage in China, and it can also be refinanced and increased, and the value-added part of the real estate can be directly cashed out.

4. Loan repayment: You can choose two ways: floating interest rate and fixed interest rate, and Australian banks can also choose to only repay interest and not repay principal, hedging account and other functions, which are flexible and convenient.

5. The cost of buying a house, the latest policy in 2016 is that you need to pay a FIRB fee (overseas people to buy a house) of 5,000 Australian dollars, the legal fee is generally 1,500 Australian dollars, and the stamp duty is generally about the total price of the house. Compared with the various cumbersome costs of buying a house in China, it is much simpler.

6. The holding cost is also very small, with annual property management fees, sewage treatment fees, and municipal fees.

Australian real estate has a good room for value preservation and appreciation, and is the best choice for overseas asset allocation.

You have to pay land tax every year, and you have to pay property fees for apartments, etc.

The following are the advantages of Australian investment real estate in detail, which Shengtong overseas sorted.

1. Australia's standard of living is one of the highest in the world, but its cost of living is much lower than that of many countries and regions, including the United States, the United Kingdom, Germany, Japan, Hong Kong, Singapore and Canada.

2. Many cities in Australia have been rated as the most suitable cities for human habitation, and Sydney, the economic capital, has been rated as the world's top five best residential cities for many years, with a pleasant climate, a unique and comfortable living environment, and high-quality social and cultural infrastructure. At the same time, Melbourne, the cultural capital, is one of the best cities in the world to live in.

3. The Australian real estate market ranks first in the world as "highly transparent". Australian developers' real estate projects, overseas investors and Australian locals buying real estate in Australia are the same standards.

4. In the past 40 years, Australian real estate has doubled in value every seven to ten years on average. With such a steady development and a certain amount of appreciation every year, compared with the instability of the domestic real estate market under macroeconomic control, Australian real estate investment is a stable way.

5. Investors who purchase Australian real estate or real estate can have the ownership and inheritance rights of their land in perpetuity. The recently launched "70-year usufruct right" in China may be renewed after expiration, while in Australia, it is passed down from generation to generation, leaving some industry for future generations, and at the same time distributing personal assets reasonably.

6. Overseas investors can get up to 80% of the real estate loan amount in Australian banks; With a 10% down payment for individual home purchases, they enjoy the same mortgage rights as local residents. Overseas investors can use local property as collateral for loans at local banks, which is convenient and affordable.

7. The risk of providing credit for real estate by acquiescing to Australian banks is almost zero, so it is easier to obtain bank credit support for investment properties. Compared with the United States or other similar countries, Australian banks have stricter review conditions for customers, and have certain requirements for customers' property and income, so as to ensure the safety of loans to the greatest extent.