Higher taxes for foreign homebuyers to purchase properties in Victoria and remains as Australia’s No.1 destination for Chinese property buyers, reports realestate.com.au (28 May 2019). Ms. Carrie Law, CEO and Director of Juwai.com, a leading Chinese overseas property search portal, believes Victoria’s capital was ahead of Sydney as the nation’s market of choice by “a wide margin”. "The tax hikes were “dispiriting but not too damaging”, fact prices in Victoria are lower than in Sydney has helped to drive Chinese purchasing," added Law.