The recent fall in the Australian dollar to a record low is a win win for overseas real estate investors in 2015. From an average of $0.85 in November 2014 the Australia dollar is fallen to (fluctuating by 15 cents) record low of $0.72 in September 2015.
This is great news for overseas real estate investors who have had a windfall of over 10% on purching an Australian property.
Buying property requires a 10% deposit to secure the sale. An example purchase at AUD$500,000 with a AUD$50,000 down payment in November 2014 would have exchanged at USD$42,500. The same transaction in September 2015 would have been USD$36,000 a savings of USD$6,500.