Australian property in a 'perfect storm' for offshore investors
In this wide-ranging Q and A with Singapore-based property expert Darien Bradshaw, API Magazine digs deep into the motivation and financial advantages luring south east Asian buyers to Australian property.
Many Asian property buyers have lived in an Australian capital city, either for education or their profession. (Image source: Shutterstock.com)
With stamp duty escalating at a much faster pace in Singapore and Hong Kong than in Australia for local and foreign buyers alike, and the Aussie dollar at a 10 year low, the perfect storm for offshore investors has been created.
That’s the view of a Singapore-based expert in foreign investment in Australian residential real estate who spoke with API Magazine during an interview in the affluent city state.
In a broad-ranging interview, Darien Br…
