Chinese are increasingly targeting overseas real estate in their bid to diversify their portfolio due to rising property prices in China, reports SBS (4 October 2016). According to, a Chinese international property investment portal attracting 2 million unique visitors each month, 35 percent of its views are for Australian properties – and Chinese interest is growing. "We've seen a significant increase. Certainly, the trend over the last few years has been increasing, but, even in the last 12 months, we've seen an increase of around 15 per cent of inquiries into Australia," said CEO Charles Pittar. Juwai Data further revealed the most searched cities in Australia are Melbourne, followed by Sydney, Brisbane, Adelaide, and Gold Coast.