Translator Service For Online Property Listings Could be Australian First
But he said the majority of inquiry still comes from Asia.
“It used to be common knowledge most Asian buyers bought Melbourne properties to house their children in, while at university,” Mr Luff said. “This is still the case, but now there is a distinct sway to purchase homes outside traditional university precincts”.
Overseas demand for high end properties in Australia has increased, according to agents and advocates, since the federal government relaxed foreign ownership laws earlier this year.