According to new research, Brexit could boost the Australian property market as expats may return to Australia. By Louise Cheer for Daily Mail Australia Published: 22:11 EDT, 4 July 2016 | The market has been flooded with people moving back and renting apartments, and this could turn into them choosing to purchase properties. A study by real estate website Redfin found that Australians are looking for properties in Sydney and Melbourne at a rate of over 50 per cent higher than they were just two years ago.
According to new research, Brexit could boost the Australian property market as expats may return to Australia. The market has been flooded with people moving back and renting apartments, and this could turn into them choosing to purchase properties. A study by real estate website Redfin found that Australians are looking for properties in Sydney and Melbourne at a rate of over 50 per cent higher than they were just two years ago.