Since international travel has returned to Australia, Chinese nationals are hungry to invest in real estate.
Mainland Chinese buyers are looking for investment properties. “So far this year, Australia is the favorite country for Chinese buyers of overseas real estate, a dramatic improvement from its third-place ranking in 2021,” said Daniel Ho, co-founder and group managing director of property-tech firm Juwai IQI. “Buyer inquiries in the first three months are 127% higher than in the prior quarter.”
Chinese investment in Australian real estate is set to soar throughout the rest of 2023, with investors attracted to its stable economy, attractive lifestyle and potential for long-term returns.
