Local and Chinese investors are pouring into Australia's Badgerys Creek, reports The Daily Telegraph (4 May 2017). Ever since the Australian government had confirmed the construction of an airport, land prices have been expected to soar, and data from Juwai.com – the largest international property website in China – has revealed that Chinese buyer interest in the 'priority growth area' surrounding the airport surged an incredible 1500 percent last year. According to Dave Platter, Director of Communications at Juwai.com, Chinese demand would only increase. “We know of several Chinese investors seeking land in the vicinity of the airport, to develop or resell later when values have risen,” said Platter. [This article is available via subscription only.]
