Foreign buyers desert established property

Not before time, via the NAB property survey. New property holding up for foreign buyers:

Not so established:

In aggregate, increasingly a much better mix:

By state:

Not sure what the driver is but with the withholding tax arriving July 1st, they’re likely to get more scarce.

Full report.

David Llewellyn-Smith
Latest posts by David Llewellyn-Smith (see all)

Comments are hidden for Membership Subscribers only.