If you’re an Australian citizen who lives and works overseas and you’re looking to buy or refinance property in Australia, there are numerous mortgage brokers with years of experience who specialises in virtual home loan applications. They help Aussies living offshore compare loans and identify the best home loan deal and then assist you through the home loan application process. They have arranged home loans for Australian expats living all over the world.
The Australian economy is still strong in comparison to the majority of the world. While recent government reports suggest that housing supply shortfall means rental returns are most certain to increase. Meanwhile new job ads are also growing and should reflect a steady unemployment rate of well under 6%. However despite claims of acute shortage of rental stock in regions such as inner west Sydney the property market has stalled slightly and prices have come off the boil, and in some instances fallen. Can that continue-who knows but it may serve as a good time get into the Australian market in what seemed to be a buyers market. Certainly Brisbane and Perth are now much more affordable and Noosa is a bargain hunters delight-as long as your nerve holds out.