Ahh the old Brexit debate, personally I feel the Aussie is on borrowed time, with the pound at historical lows, I don’t think it can come down too much more. We’ve been debating bringing cash over from the uk for years but it’s hard to swallow a 1.7 ex rate on your hard earned.
As you said the sydney markets just nuts, the last couple of years of the housing boom did it for me but prices have been sliding for the last quarter. You can’t buy a half decent family home for less than 2.3m which is just insane.
Out of interest where would you look to buy in Oz when you move back?
Cheers for the tax heads up, I’m across the CGT implications on uk property. It all changed a couple years back when the uk stopped recognising a primary residence if you didn’t live in the country so CGT is payable for the years the property was rented out, minus a shit load of deductions. Funnily enough I’ve always struggled with finding good tax advice in Australia that’s relevant to the UK.