“As for the impact of Trump’s presidency on the Australian property market, it remains to be seen. While Trump has floated the idea of tariffs on Australian goods, this is uncertain due to the close ties between the two nations. If such tariffs were imposed, they could hurt the Australian economy. [But] tensions between China and the US are likely to persist, regardless of who holds office. However, with Elon Musk’s pro-China stance, some speculate there could be notable differences between Trump’s current administration and his first term.”