Australia is not on Juwai’s list of most expensive homes because it draws all types of buyers buying at different price points, reports Real Estate Business (11 May 2015). According to Andrew Taylor, Co-CEO of Juwai.com, Australia is the 2nd most popular country for Chinese international buyers. However, while many invest in luxury properties in Australia – including a rich Chinese buyer who paid A$25M for Australia’s most expensive apartment – the tens of thousand who bought property in lower price ranges have pulled the average price of Australia down.
