Aparement – Collins Wharf-Regetta

Yes. Vietnamese international students have the right to buy and own property

Ideal Location: Nestled in the vibrant Docklands area, Collins Wharf offers a dynamic urban lifestyle with unparalleled convenience. Experience the pulse of Melbourne’s growth right at your doorstep, surrounded by modern amenities and endless entertainment options such as shopping centers, restaurants, bars,… Spectacular Views: Immerse in breathtaking views of Melbourne’s skyline, Dockland Bay, and the tranquil Yarra River. Let every moment be a masterpiece with these awe-inspiring vistas enhancing citizens’ everyday living experience Luxurious Amenities and Services: Collins Wharf project is equipped with a wide range of luxurious amenities and services. From exclusive leisure facilities to personalized services, every detail is crafted to exceed customers expectations. Attractive Sales Policies and Mortgage Support: Collins Wharf project offers attractive sales policies and mortgage support, making it easier than ever to own some dream property

1-bedroom apartment: $3,000 to $4,000 AUD per month 2-bedroom apartment: $4,000 to $5,000 AUD per month 3-bedroom apartment: $5,000 to $6,000 AUD per month Office space: $500 to $1,000 AUD per square meter per month Hotel rooms: $200 to $300 AUD per room per night The specific rental prices dependent on factors such as size, location, amenities, services provided, and real estate market situations. However, properties at Collins Wharf project present a high rental potential, offering attractive returns for investors.

You purchase a 1-bedroom apartment at Collins Wharf for 500,000 AUD. You secure an 80% loan from the bank, equivalent to 400,000 AUD, with an annual interest rate of 6%. Repayment terms are set at 20 years, amounting to 2,272 AUD per month. Alternatively, if you opt to rent a 1-bedroom apartment in the Docklands area, the average monthly rent stands at 3,000 AUD. Profit from Renting: By renting out your apartment, you could potentially earn around 3,000 AUD per month. After deducting the monthly loan repayment, you could net approximately 728 AUD per month. Property Appreciation: Melbourne’s real estate market is booming, with property values projected to surge by 5% annually over the next two decades. This means your apartment’s value could appreciate to 750,000 AUD after 20 years. Total Profit: After 20 years, you could accumulate total profits of 165,600 AUD from renting out your apartment. Additionally, you’d benefit from the increase in property value, totaling 250,000 AUD. Therefore, your overall profit would amount to 415,600 AUD, equivalent to 20,780 AUD annually. After 20 years, you would receive a total profit of $165,600 AUD from renting out the apartment. Comparison with Renting: If you rented a property for 20 years, you would incur a total cost of $660,000 AUD. Consequently, you would incur a loss of $244,400 AUD compared to purchasing the property. In conclusion, this analysis demonstrates that buying a property could provide significant long-term financial benefits. You stand to gain income from renting out the property and benefit from property appreciation. Conversely, renting may result in long-term financial loss.

Buying a house is a milestone in the residency process, demonstrating your financial capability for the government to trust your residency application. However, along with that, you need to show a willingness to contribute to the country through specific skills in a profession or business, or by creating employment opportunities for citizens. You also need to meet certain characteristics of Australian citizens such as English proficiency and understanding of Australian history, etc. Buying a house is one of the favorable conditions for residency but not the sole requirement.