National Brokers Network

Foreign Buyers Flock to Australian Housing Market

Sydney, Australia – one out of every six homes is bought by a foreigner.

News of overseas investors taking over the Australian real estate market has gained a lot of attention recently – this after the National Australia Bank’s (NAB) survey revealed that a staggering 17 percent of newly-built apartments were sold to foreigners in the last third quarter alone. According to reports, these survey results provide a clearer picture to, and is one of the potential causes behind recent house price increases.

chinese buyers

The NAB’s survey will reportedly be closely monitored by the country’s central bank in its efforts to keep property prices in check and under control. The alarming rate at which home prices have risen may be attributed to low interest rates, strong population growth, and tax incentives awarded to housing investors. Wary of the risk of a potential housing market crash, the central bank said it is considering taking steps towards limiting mortgage lending from here on out.


 is the country’s 2nd most populous state, has become a favourite of foreign investors – leading the numbers with around a quarter of new properties sold in the third quarter alone. The disconcerting first-time home buyer to foreign buyer ratio has caused Australian lawmakers to conduct an inquiry into housing affordability around the country. The report is set to be issued next month.   

Confidentiality Agreement

In Consideration of the Vendor of the subject business, or any other business introduced to the Proposed Purchaser and their agent National Brokers Network (“the agent”) providing information to the Prospective Purchaser, the Prospective Purchaser agrees:

1. To keep all information provided confidential in respect to the subject business and any other business introduced to the Prospective Purchaser by the Agent.
2. That no information is to be disclosed by the Prospective Purchaser to any third party without consent by the Agent;
3. That it will not use for themselves. Or for others benefit, such information other than to Purchase the subject business or other business introduced by the Agent;
4. That any agreement to purchase the whole or portion of the business shall be exclusively through the Agent;
5. To immediately return to the Agent all such information and other details in written form including any drawings and any copies made of written information, notes, summaries or extracts of any document therefor if any when requested by the Agent;
6. Under no circumstances will the Prospective Purchaser make direct contact with the vendor of the subject business or other introduced business without the prior written consent of the Agent;
7. If the Prospective Purchaser breaches this agreement or buys the business direct from the Vendor, the Prospective purchaser is liable to and indemnifies the Agent for any and all losses the agent may incur including economic loss and loss of income.v

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