Melbourne is set to remain Australia’s Chinese buyer capital this year, with the market downturn expected to rustle up interest among those seeking “a bargain”. A new report by leading Chinese international property website has named the “desire to get a bargain while the market is soft”, combined with the fact Chinese are generally getting richer, as major factors to push investment down under this year. Other drivers would be a lack of property investment opportunities in China, a possible transfer of investment from the US to Australia due to the trade war, and the weakening of the yuan making purchasing in other countries more expensive, reports Herald Sun (21 January 2019).