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S2E8: Are Foreign Buyers Dominating the Market?

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Content provided by It's Simple Finance. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by It's Simple Finance or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Foreign buyers acitivty is on the rise in Australia by 27% in 2022/23. Foreign buyers were responsible for $1.9 billion worth of property sales in the last financial year, but does that spell disaster for Aussie buyers? Yes and no.
Most property sales were under $1 million AUD and given that foreign buyers cannot hold onto property indefinitely, it seems to be adding to local housing shortages, but is far from the main driving force.

Follow us for more property news and mortgage advice!
▸Website - https://itssimple.com.au
▸Instagram - https://www.instagram.com/itssimplefinance/
▸Facebook - https://www.facebook.com/itssimplefinance/
▸LinkedIn - https://www.linkedin.com/company/itssimple/

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Capitole

1. S2E8: Are Foreign Buyers Dominating the Market? (00:00:00)

2. Foreign Buyers in Australian Real Estate (00:00:04)

3. Foreign Investment Impact on Australian Real Estate (00:08:04)

4. Perth's Focus on Owner-Occupiers (00:15:13)

5. Impact of Foreign Investment on Housing (00:23:31)

6. First Home Buyer Advice and Insights (00:32:33)

28 episoade

Artwork
iconDistribuie
 
Manage episode 429304368 series 3567683
Content provided by It's Simple Finance. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by It's Simple Finance or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Foreign buyers acitivty is on the rise in Australia by 27% in 2022/23. Foreign buyers were responsible for $1.9 billion worth of property sales in the last financial year, but does that spell disaster for Aussie buyers? Yes and no.
Most property sales were under $1 million AUD and given that foreign buyers cannot hold onto property indefinitely, it seems to be adding to local housing shortages, but is far from the main driving force.

Follow us for more property news and mortgage advice!
▸Website - https://itssimple.com.au
▸Instagram - https://www.instagram.com/itssimplefinance/
▸Facebook - https://www.facebook.com/itssimplefinance/
▸LinkedIn - https://www.linkedin.com/company/itssimple/

  continue reading

Capitole

1. S2E8: Are Foreign Buyers Dominating the Market? (00:00:00)

2. Foreign Buyers in Australian Real Estate (00:00:04)

3. Foreign Investment Impact on Australian Real Estate (00:08:04)

4. Perth's Focus on Owner-Occupiers (00:15:13)

5. Impact of Foreign Investment on Housing (00:23:31)

6. First Home Buyer Advice and Insights (00:32:33)

28 episoade

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