Chinese investors spent US$17.4 billion on Australian real estate and ranks behind the US in terms of the number and value of buyer inquiries according to, reports The New Daily (11 September 2018). Carrie Law, CEO and Director of said that Chinese investors see Australian property as 'long-term value' despite high stamp duties. She added that the enthusiasm for Australian real estate remains high because of a stable environment, safety, quality education institutions and a high quality of life.