Australian housing price could be increase as a wave of Chinese investors take advantage of a slump in property prices due to the Coronavirus pandemic, reports Daily Mail (17 May 2020). Chinese investors’ interest in Australia remains steady in the wake of COVID-19. “Australia was already appealing as a safe country where your investments are protected. Now, the country seems to have managed the pandemic well. That makes it even more appealing to foreign buyers,” said Georg Chmiel, executive chairman of China's biggest overseas property sales company Juwai IQI.