Overseas Interest in Australian Properties Up As Indians Lead the Charge

Foreign buyers largely target properties over the million dollar mark and do not compete directly with first home Aussie buyers.

Houses are seen in Albany, Western Australia, on May 22, 2024. Susan Mortimer/The Epoch Times

There has been a slight uptick in overseas searches for Australian properties compared to last year, according to the latest PropTrack report.

The report says searches from India were up by 23 percent in October, reflecting a growing interest in both buying and renting homes in Australia.