Despite lending restrictions and foreign buyers taxes, Chinese property buyer interest in Australian real estate is on the rise again, reports Reuters (24 November 2016). Chinese investors from mid-tier cities, such as Chengdu or Shenzhen, are now appearing in the Australian market, and most of them are cash buyers. According to Juwai IQ Data, Chinese buying enquiries have rebounded – up 34% in the September quarter compared to 12% in June – for Australian properties priced up to $1 million.