Real Estate Agency in Sydney
Australian property market has proven to be consistent with prices. Around 70% of the Australian households are homeowners, so there is relatively little speculation. Moreover, Australia has never experienced a price fall of more than 20% in a year. Housing prices in volatile economies can drop up to 70% within a few weeks, leaving the investors with huge losses. However, in Australia, the investors have a smaller impact on the majority of the housing market is owner-occupied.