As the Australian housing market cools, sellers are having to splash out tens of thousands of dollars on renovations to make their homes look brand new to appeal to “picky” buyers. According to Carrie Law, Chief Executive of real estate portal Juwai.com, Chinese buyers in particular want “like-new” properties, while Chinese vendors are faster to spend on renovations than locals. “Chinese buyers are the biggest international buyer group, but they are picky,” she said, reports OneRoof (8 December, 2018).