Couple Signing Papers Fr New House Min

๐—ž๐—ถ๐˜„๐—ถ๐˜€ ๐—ฆ๐—ต๐—ผ๐˜„๐—ถ๐—ป๐—ด ๐—ฆ๐˜๐—ฟ๐—ผ๐—ป๐—ด ๐—œ๐—ป๐˜๐—ฒ๐—ฟ๐—ฒ๐˜€๐˜ ๐—ถ๐—ป ๐—Ÿ๐—ผ๐—ฐ๐—ฎ๐—น ๐—ฅ๐—ฒ๐—ฎ๐—น ๐—˜๐˜€๐˜๐—ฎ๐˜๐—ฒ

New Zealand has become the leading country for overseas searches for Australian property, according to PropTrack analysis of buy searches on in July.

Back in March 2020, when the pandemic started, New Zealand ranked fourth for overseas buyer activity, behind America, the UK and Hong Kong. Since then, buy searches from people based in New Zealand have increased 171%.

New Zealand is now responsible for 17% of all overseas buy searches.

"The geographical closeness of Australia makes it a prime destination for New Zealanders, as does the ability to seek work without applying for a visa," PropTrack senior data analyst Karen Dellow said.

"Because of this, New Zealanders will always find Australia desirable, and we expect to see continued interest in Australian properties from this country."

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