The prospect of owning a luxurious property in Australia trumps the charges that may go along with it in NSW, reports Domain (22 June 2016). According to Gavin Norris, Head of Australia for Juwai.com, the motivation to buy in Australia remains strong for Chinese buyers, as seen in the increased level of enquiry in May on Juwai.com. “At the luxury end, buying in Sydney and Melbourne is comparable to buying in London and New York. You are buying world-class assets and some of the hurdles that they have to go through won’t outweigh the advantages that Australia has to offer,” said Norris.
