Chinese property buyers made 61 percent more enquiries for Australian real estate during the Q1 2015 than in the same period of 2014, reports The Australian (7 May 2016). Melbourne received 177 percent more enquiries to be the most-enquired Australian city, whereas Sydney has the highest number of Chinese buyers wanting to buy near educational facilities. “You might expect capital gains, but also let your son or daughter live there while studying or working in Australia. On top of that, your relatives stay when they are visiting from China and one day you could also turn it into your retirement home,” said Juwai.com CEO Charles Pittar.
