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Foreign buyers snap up real estate in Australia

Posted on 24 November 2010

From Propertywire.com: European and Asian investors are buying up residential and commercial property in Australia as high interest rates are putting off national buyers, it is claimed.
In Sydney in particular a surge of overseas buyers is driving demand in the CBD, North Shore and Eastern Suburbs, according to the Real Estate Buyers Association of Australia……………………………………….Full Article: Source

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