Australia Luxury Residential Real Estate Market Update 2022

 Hello all,

I have been looking at the luxury real estate market in Australia closely in the past year. I was thinking that the prices will start to fall now but it has not happened yet. In fact, the influx of ex-pats and offshore investors has further increased competition among buyers and the prices are touching the roof. The rising inflation and interest rates have not made any impact on the sector unlike the rest of the housing sector in the country. Billionaires and celebrities are investing in residential properties in Sydney’s suburban areas without any inhibitions. Here is an article that will help you understand this better. 

https://www.milliondollarmansions.com.au/blogs/australia-luxury-residential-real-estate-market-update-2022/



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