It's not going to make any difference to the residential property sector. Note this from the article:
"Mr. Turnbull said the fund was hoping to settle on an office building in Melbourne in February while two other office buildings in Sydney and Brisbane are currently under due diligence. The three properties are worth about 130 million Australian dollars (US$128 million) and another commercial property worth A$100 million in Perth is also on his radar."
Strictly commercial office buildings,
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