As the Australian housing market cools, sellers are having to splash out tens of thousands of dollars on renovations to make their homes look brand new to appeal to "picky" buyers. According to Carrie Law, Chief Executive of real estate portal Juwai.com, from the day of purchase, Chinese overseas property buyers are calculating how to generate the best return when they sell. In China, rental yields are very low while price gains have been extremely high. That explains why many property owners don't bother to find renters for their investment properties, reports Sunshine Coast Daily (8 December 2018).
