A latest report from Juwai.com has revealed that Chinese investing in Australian residential real estate has grown 87.1% during 2015, reports Your Investment Property (12 May 2016). While luxury homes are popular among Chinese buyers, most of the enquiries were within the US$200,000 to US$500,000 range. According to Juwai.com Head of Australia Gavin Norris, Chinese buyers have yet to be deterred by recent financial restrictions imposed by certain Australian lenders. “Overall, we haven’t seen any firm impact on the demand for property from the curtailing by Australian bank of loans to those with offshore income. I don’t think they were issuing many such loans in the first place. Most chinese pay in cash from their savings. Those who use leverage also have the option of relying on Chinese lenders they are already familiar with,” said Norris.