Are rich Indian buyers the next big thing in Australia luxury real estate?

• The appeal of Australian real estate is spreading to the subcontinent, with super-rich Indians tipped to be the next trophy home buyers.

   

  With India’s economic growth this year expected to surpass China’s, and its individual wealth increasing, local agents are forecasting cashed-up Indian buyers to come knocking, as they are in other countries.

  But the degree of impact and influence Indian money could have on Aussie property is as much a guess as a bet on a cricket match between the two countries.

2 Hopetoun Road, Toorak. Photo: Kay & Burton