Take advantage of your strong bargaining position: Tips for expat Australian property buyers

Ross Savas of Kay & Burton Real Estate says Australian expat buyers are in a powerful negotiating position.

“They are cashed-up and ready to buy,” he emphasises.

“And they have the flexibility to offer vendors short or long-term settlements,” Savas adds.

“Often expats don’t need the house immediately and can rent it back to the vendor.”

The bottom line is that cashed-up expats are well placed to really make the most of this depressed market for high-cost properties.

“If you have cash at the moment, you are in a pretty good position,” says Shayne Harris of Savills Australia.

“There are not many people in the upper end of the market with 80% to 90% of the purchase price.”