Pandemic migration still supercharging sales
Cashed up expats continue to wield a big influence on Australian markets, increasing buyer competition and contributing to the nation's surging property prices, particularly for prestige homes.
More than 440,000 expats have returned to Australian shores since the pandemic began. Photo: Shutterstock
Cashed up expats continue to wield a big influence on Australian markets, increasing buyer competition and contributing to the nation's surging property prices, particularly for prestige homes.
Federal government data shows more than 446,000 expats returned to Australia between March 2020 and January, while tens of thousands are still waiting to return.
Expat specialist buyer’s agency Aussieproperty.com, part of SMATS Group, experienced a susta…
