Foreign investment in Australian real estate continues to soar

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
Staff member
Premium Member
While politicians have been attempting to reduce the influence that overseas investors have on the Australian real estate market recent figures show they may have failed. Foreign investment approval value numbers in Australia surged by 75% over the last 12 months to a record $61 billion. Information released by the Foreign Investment Review Board showed

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nmb

Well-Known Member
Like the UK, foreign investment in the Australian real estate market has been used as a political football for some time now. However, only last year the Australian government issued a research report which confirmed the real impact of foreign investment in the Australian real estate market is negligible.
 
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