George Haddad’s Post

Foreign buyers purchased 5,360 homes last financial year If you’re wondering what percentage of Australian properties are bought by foreign buyers in any given year, the answer is – not many. The latest Treasury data on foreign investment reveals that, during the 2022-23 financial year, there were 5,360 residential real estate purchases with a level of foreign ownership. By comparison, buyers of all kinds make about 500,000 purchases in any given year, which means foreign buyers represent about 1% of the total. Foreign buyers are generally required to purchase new homes, to help increase the housing supply. However, they can also buy vacant land (if they build on it within four years) or established dwellings (if they're temporary residents who live in the home and then sell it when they leave the country).

Foreign buyers purchased 5,360 homes last financial year If you’re wondering what percentage of Australian properties are bought by foreign buyers in any given year, the answer is – not many. The latest Treasury data on foreign investment reveals that, during the 2022-23 financial year, there were 5,360 residential real estate purchases with a level of foreign ownership. By comparison, buyers of all kinds make about 500,000 purchases in any given year, which means foreign buyers represent about 1% of the total. Foreign buyers are generally required to purchase new homes, to help increase the housing supply. However, they can also buy vacant land (if they build on it within four years) or established dwellings (if they're temporary residents who live in the home and then sell it when they leave the country).

If you’re wondering what percentage of Australian properties are bought by foreign buyers in any given year, the answer is – not many. The latest Treasury data on foreign investment reveals that, during the 2022-23 financial year, there were 5,360 residential real estate purchases with a level of foreign ownership. By comparison, buyers of all kinds make about 500,000 purchases in any given year, which means foreign buyers represent about 1% of the total. Foreign buyers are generally required to purchase new homes, to help increase the housing supply. However, they can also buy vacant land (if they build on it within four years) or established dwellings (if they're temporary residents who live in the home and then sell it when they leave the country). Please feel free to reach out to us. You can book a 15 minute call with Luke here https://bit.ly/49qG9ll #property #realestate #homeloans

Foreign buyers purchased 5,360 homes last financial year If you’re wondering what percentage of Australian properties are bought by foreign buyers in any given year, the answer is – not many. The latest Treasury data on foreign investment reveals that, during the 2022-23 financial year, there were 5,360 residential real estate purchases with a level of foreign ownership. By comparison, buyers of all kinds make about 500,000 purchases in any given year, which means foreign buyers represent about 1% of the total. Foreign buyers are generally required to purchase new homes, to help increase the housing supply. However, they can also buy vacant land (if they build on it within four years) or established dwellings (if they're temporary residents who live in the home and then sell it when they leave the country). #property #realestate #homeloans

Foreign buyers purchased 5,360 homes last financial year If you’re wondering what percentage of Australian properties are bought by foreign buyers in any given year, the answer is – not many. The latest Treasury data on foreign investment reveals that, during the 2022-23 financial year, there were 5,360 residential real estate purchases with a level of foreign ownership. By comparison, buyers of all kinds make about 500,000 purchases in any given year, which means foreign buyers represent about 1% of the total. Foreign buyers are generally required to purchase new homes, to help increase the housing supply. However, they can also buy vacant land (if they build on it within four years) or established dwellings (if they're temporary residents who live in the home and then sell it when they leave the country). #property #realestate #homeloans

Foreign buyers purchased 5,360 homes last financial year If you’re wondering what percentage of Australian properties are bought by foreign buyers in any given year, the answer is – not many. The latest Treasury data on foreign investment reveals that, during the 2022-23 financial year, there were 5,360 residential real estate purchases with a level of foreign ownership. By comparison, buyers of all kinds make about 500,000 purchases in any given year, which means foreign buyers represent about 1% of the total. Foreign buyers are generally required to purchase new homes, to help increase the housing supply. However, they can also buy vacant land (if they build on it within four years) or established dwellings (if they're temporary residents who live in the home and then sell it when they leave the country). #property #realestate #homeloans

𝗙𝗼𝗿𝗲𝗶𝗴𝗻 𝗕𝘂𝘆𝗲𝗿𝘀 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲𝗱 𝟱,𝟯𝟲𝟬 𝗛𝗼𝗺𝗲𝘀 𝗹𝗮𝘀𝘁 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘆𝗲𝗮𝗿 If you’re wondering what percentage of Australian properties are bought by foreign buyers in any given year, the answer is – not many. The latest Treasury data on foreign investment reveals that, during the 2022-23 financial year, there were 5,360 residential real estate purchases with a level of foreign ownership. By comparison, buyers of all kinds make about 500,000 purchases in any given year, which means foreign buyers represent about 1% of the total. Foreign buyers are generally required to purchase new homes, to help increase the housing supply. However, they can also buy vacant land (if they build on it within four years) or established dwellings (if they're temporary residents who live in the home and then sell it when they leave the country). #property #realestate #homeloans

Foreign buyers purchased 5,360 homes last financial year If you’re wondering what percentage of Australian properties are bought by foreign buyers in any given year, the answer is – not many. The latest Treasury data on foreign investment reveals that, during the 2022-23 financial year, there were 5,360 residential real estate purchases with a level of foreign ownership. By comparison, buyers of all kinds make about 500,000 purchases in any given year, which means foreign buyers represent about 1% of the total. Foreign buyers are generally required to purchase new homes, to help increase the housing supply. However, they can also buy vacant land (if they build on it within four years) or established dwellings (if they're temporary residents who live in the home and then sell it when they leave the country). #property #realestate #homeloans #therentalspecialists

𝐅𝐨𝐫𝐞𝐢𝐠𝐧 𝐛𝐮𝐲𝐞𝐫𝐬 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞𝐝 𝟓,𝟑𝟔𝟎 𝐡𝐨𝐦𝐞𝐬 𝐥𝐚𝐬𝐭 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐲𝐞𝐚𝐫 🏡 If you’re wondering what percentage of #Australian properties are bought by foreign buyers in any given year, the answer is – not many. 🤔⬇️ The latest Treasury data on foreign investment reveals that, during the 2022-23 financial year, there were 5,360 residential #realestate purchases with a level of foreign ownership. 📊 By comparison, buyers of all kinds make about 500,000 purchases in any given year, which means foreign buyers represent about 1% of the total. 📉 Foreign buyers are generally required to purchase new #homes to help increase the housing supply. 🏠 However, they can also buy vacant land (if they build on it within four years) or established dwellings (if they're temporary residents who live in the home and then sell it when they leave the country). 🌍🛠️🏡 #Property #RealEstate #HomeLoans #Investment #HousingMarket #ForeignInvestment #RealEstateTrends