Free Bali and Jakarta Real Estate Investment and Retirement Seminars

Whether you are a buyer, seller, broker, agent, investor, lessor or renter you can benefit from attending one of our two free Real Estate Seminars in Bali this month.

At these seminars PT. B.A.L.I’s Canadian President, Lawrence, a 22 yr. Bali resident, President of 14 yr. old company with 135 staff, married to Azizah, a fully Licenced Notaris will review the most recent real estate laws for Indonesians and Foreigners in detail.

Then they will also provide a full colour audio, visual presentation with many professional charts on the Past, Present, and Future of Bali Real Estate.

Free Seminar Schedule:

Location: Bali, Emerald Villas, Jl. Karangsari, # 5, Sanur, Bali, Indonesia.

Dates & Times:

Location: Jakarta, Le Meridien Hotel

Dates & Times:

1. Thursday - Nov. 1st. 6:30 PM - 7:45 PM

2.Saturday - Nov. 3rd. 2:00 PM - 3:15 PM

Location: Bali, Emerald Villas, Sanur

Dates & Times:

1. Thursday - Nov. 8th. 6:30 PM - 7:45 PM

2.Saturday - Nov. 10th. 2:00 PM - 3:15 PM

Seminar Topics:

At these seminars you will learn about:

  • The Past, Present and Future of Bali, Indonesia, Asian and Australian real estate.
  • Why a recent official clarification of foreign ownership laws allows foreigners to totally control Indonesian properties for up to 80 years without leases?
  • How to avoid legal problems and make sure a property is safe.
  • How to avoid complicated real estate laws affecting Indonesians married to foreigners.
  • Why this is the second best time to buy this century.
  • Where are the best locations to buy for maximum profits?
  • What type of properties will offer the best investment potential of *10% to 20 % per year?
  • Discover how you can sell your property fast for the highest prices and lowest commissions on a brand new web site designed after the largest most successful real estate site in America with high tech search features.
  • An opportunity for a free listing on B.A.R.E. First Class Beachfront property at almost 50% discount.
  • A Quality 5,000 m2 Bali Hotel with 12 bungalows, 3 pools and Restaurant for only $588,000.
  • Low cost properties with Luxury Villas starting as low as $158,000 for a three bedroom 650 m² 3 bedroom, 4 bath with private 9 mtr. Pool.
  • Ridiculously low priced ocean view building lots starting as low as $25,000 for 500 m².
  • Brand new Bali Luxury Reiremnmet Villas starting at $208.00 per mth.

Limited Seating & Free Parking: Seating is very limited for these free seminars so please avoid disappointment and make reservations A.S.A.P. Click Here For a Reservation

Or Email: or Tel: Office: 62-361- 284069 For Bahasa English 62-8123814014 – Bahasa Indonesia or 62-8123632177

Tuesday, 22 May 2018

Hobart now Australia's most unaffordable city for tenants

By Felicity Ogilvie

Updated about 8 hours ago
PHOTO: No longer a bargain for renters, Hobart has become more and more unaffordable. (ABC News: Gregor Salmon)

Hobart has pipped Sydney to claim the unenviable title of Australia's most unaffordable capital for tenants with the gap widening between incomes and the amount needed for rent, a new report has found.

The Rental Affordability Index (RAI) is an indicator of the price of rents nationwide relative to household incomes based on new rental agreements.

The biannual study is published by National Shelter Community Sector Banking and SGS Economics and Planning.

From being seen a budget alternative to the mainland cities, Hobart's unprecedented real estate sales boom combined with low incomes, a tourism burst and a surge in former rental properties being offered as short-term accommodation, has catapulted it to the top of the RAI.

The latest report showed tenants in Hobart were spending 29 per cent of their wages on rent with Sydney renters close behind with 27 per cent, followed by Adelaide, Brisbane, Melbourne, Canberra and Perth.

"Rents in Tasmania are now on par with the rest of Australia, however average Tasmanian households earn over $300 a week less than mainland households," SGS partner Ellen Witte said.

"With over 8,000 low-income households already in housing stress, rental unaffordability is now rising up the income ladder, increasingly impacting average working families."

The combination of rising rent and low income growth had created "unprecedented hardship" for those seeking affordable accommodation, Shelter Tas executive officer Pattie Chugg said.

"Rental affordability in Tasmania has fallen to its lowest point since the index began in 2015," she said.
PHOTO: Aaron Johnstone is shocked at Hobart's rental prices. (ABC News: Felicity Ogilvie)

Shock return home for Hobart renter

After three years living in Sydney, Aaron Johnstone and his pregnant wife returned home to Hobart.

"Coming back, it was a bit of shock really, the whole housing situation," he said.

"People were telling me towards the end of our time in Sydney that Hobart houses were just as expensive as Sydney, and I wanted to laugh in their face."

Mr Johnstone he "couldn't believe" what he was being told but upon his return he was taken aback by the asking prices for rental accommodation in his hometown.

"It really was just amazing compared to what Hobart was like in the past," he said.

People in Hobart earn on average $30,000 less per year than Sydney residents but the gap in the cost of rents between the cities has narrowed.

Housing economist Andrew Wilson said it costs an average of $420 a week to rent in Hobart.

"Sydney has been joined by Canberra as the most expensive capital city, asking rents for housing of $550 per week," he said.

"Next highest is Darwin at $530 per week, Brisbane at $400, with Adelaide the second most affordable capital city, next to Perth at $375 per week."
Prices pushing middle-income earners out

One of the authors of the report, Conny Lenneberg from the Brotherhood of St Laurence, said people on middle incomes around the country were being pushed to the outskirts of the cities.

"Hospitality workers, for example, are working in cafes and restaurants in our inner city areas but they're completely unable to afford to live in these areas and they're being pushed to urban areas, spending a lot of time and money travelling too and from work," she said.

The report found that people on welfare simply could not afford to rent in most capital cities anymore.
PHOTO: Landlord Michael Coy prefers long-term tenants over higher-paying short-termers.

One of the most vulnerable groups are single old-aged pensioners.

But in Hobart Sue Alcock is living in a unit where her landlord Michael Coy has only put the rent up by 20 dollars in the past decade.

"My personal strategy is having long-term tenants. I prefer to have tenants here for five, 10, 15 years," Mr Coy said.

"Any downtime basically results in a lack of income for those weeks it may be empty and also there's wear and tear when tenants are moving in and out."

Ms Alcock said the relationship worked both ways.

"The landlord likes to have someone he can trust and that I pay my rent regularly and I'm reliable," she said.

But Ms Lenneberg said almost a million Australians were not so fortunate.

"I actually think it's a great moral crisis for Australia at the moment," she said.

"We are one of the wealthiest countries in the world, we have had 26 years of growth.

"If Australia cannot afford to provide housing for all of its people then I don't know which other country in the world can.

"We need a national housing strategy now where all levels of government are investing in social housing."

Yesterday, the University of Tasmania announced as part of its plan to address the accommodation availability difficulties faced by its students, it had bought a city hotel to help ease the shortfall of beds in the city.

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