Chinese real estate investors are waiting to snap up Australian property at cheap prices once Coronavirus travel restrictions are revoked, reports Daily Mail (4 May 2020). The low demand by local buyers may cause home prices to falls, making it a good time for Chinese buyers to invest in Australian property. "We still have strong demand from Chinese buyers for Australian property, but getting them to the transaction is harder than normal at the moment, Australia, so far at least, has managed the pandemic well and looks even more appealing to foreign buyers than in the past," said Juwai IQI executive chairman Georg Chmiel.