The prospect of a softening Australian Dollar throughout 2025 is likely to draw overseas capital back Down Under after a glut of new development and relentless interest rises over the past two years saw key markets put ‘on the bench’ by some investors.

Melbourne, which has been the most impacted by the culmination of factors, which also includes a slow return to the office after Covid lockdowns, is set to benefit the most, especially the hotel and office sectors.