Landowners in Australia appear willing to accept losses on their properties in the expectation they will make it up in capital price gains.
News
Australian commercial property is being snapped up by a fresh wave of foreign investors after figures show offshore investment up by 12 per cent in 2014.
Well, it is the year 2015. So a report about futuristic drones being used in Melbourne for selling property seems quite apt.
As we dust ourselves off from the summer holiday period, what can we expect in the property market for 2015?
The Australian dollar has fallen to a five-year low of 80.71 US cents and it’s fast approaching the level the RBA has spent most of 2014 saying is desirable.
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