Despite loan restrictions from certain Australian lenders, the issue is said to apply to only a small number of borrowers, and has not impacted Chinese appetite for Australian residential properties, reports Bloomberg (9 May 2016). Juwai Data revealed Chinese buyers made 87 percent more purchasing enquiries in Australia in 2015 than a year earlier, of which over half were looking for property within the A$200,000 ($147,000) to A$500,000 range. According to a latest April report from Juwai.com, the top motivation for Chinese property investing overseas was education.
