Industry Insight: Australia's housing crisis and the impact on foreign homebuyers

from The Afternoon Update with Lynlee Foo · host MONEY FM 89.3

Investing in Australian real estate has long been an attractive proposition for Singaporeans. The 2022-2023 financial year saw Singapore buyers acquired A$300m of residential real estate in Australia. However, the housing market is in crisis with Australia struggling with a shortage of homes as building approvals fall to their lowest in more than a decade in 2024. How will this impact overseas investors? What do you need to know about buying Australian real estate? Melbourne-based agent, Perry Loong from real estate firm Harcourts International shares some insights.See omnystudio.com/listener for privacy information.

Episode metadata supplied by the publisher feed · Published Sep 11, 2024

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Industry Insight: Australia's housing crisis and the impact on foreign homebuyers

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