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Aussie expats packing bags and buying property

From New Zealand to Finland, a torrent of returning expats looking for well-located property has offset the near eradication of immigration in 2020.

Ray White Group's Adam Downes
Ray White's Adam Downes says expats are flooding luxury property markets. Photo: Ray White Group

From New Zealand to Finland, a torrent of returning expats looking for well-located property has offset the near eradication of immigration in 2020.

The influx has helped push consumer confidence in property to a seven-year high, with economists and major banks predicting a resurgence of the housing market in 2021 as many Australians return home.

According to the federal government, there are more than 29,000 Australians who have currently regi…