I just looked at a residential house in the burbs that was advertised for sale. It isn't a zone for dividing the block.
I have learned that foreign investors are banned from participating in that part of the property market.
Nonetheless, it came as no surprise to me that the agent said that a person from north of Australia was interested in the property. When she heard that foreigners were not allowed to participate in that part of the market, the quick reply was "they are permanent residents". Didn't say where of.
If the descendants of those who gave their lives for this nation are to have anywhere to live, it must be hollered from the rafters that FOREIGNERS ARE NOT ALLOWED TO PARTICIPATE IN THE AUSTRALIAN PROPERTY MARKET.
8km from Melbourne GPO is soon to be a suburb of a nation north of here.
