Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.
More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus18 hours agoOffers over $399,000 will help secure this home at 16 Elmes Rd, Rocklea. Picture: realestate.com.auCoreLogic analyst Cameron Kusher said most capital cities had experienced a significantdecline in suburbs with a median value below $500,000 in recent years.“Meaning that to access more affordable housing buyers have to move further away from the city centre,’’ he said. Rocklea is the closest suburb to the city in Brisbane with a median house value below $500,000. The median is $419,922.The other four cheap suburbs close to Brisbane were Hemmant, 10.3km, Archerfield, 10.4km, Pinkenba, 11.4km and Zillmere 12.1km. 16 Elmes Rd, Rocklea is listed for offers from $399,000. Picture: realestate.com.auWITH $500,000 to spend are you still able to find property close to the CBD?Well that depends on what capital city you live in – and if it’s in Brisbane you are in luck.New data from CoreLogic has revealed five suburbs with median house values of less than $500,000 within less than 12km of the Brisbane CBD.In Sydney you have to go almost 40km from the CBD to find something similar and in Melbourne the nearest suburb is 16km from the city. 12 Peplow St, Hemmant is listed for offers over $429,000. Picture: realestate.com.auCoreLogic figures reveal there were 37 house sales in Rocklea in the past year, that means half of those properties sold for below the media and half for above that price.
For the ease of Indian tourists, the Malaysia Tourism Promotion Board has introduced a new Multiple Entry E-visa (MEV) scheme which will allow Indian national residing abroad (except Singapore) to spend up to 30 days in Malaysia per visit and valid for three months effective from August 2018 till July 31, 2018.The visa fee will cost Rs 1000 and the applications will take 48 hours to process.India ranks among the top six tourists generating market for Malaysia with a total of 638,578 Indian visitors recorded in 2016. The initiative comes on the part of Malaysian Government to motivate Indian tourists to visit Malaysia as a preferred tourist destination, eyeing on reaching a goal of 1 billion tourists by the end of 2017.