Chinese are getting richer and many are keen for a bargain in the softer Australian market, according to a new report released today. Chinese buyers chose to purchase Melbourne property ahead of Sydney in 2018 and will continue to do so this year. The 'Australia 2019 Outlook for Chinese Residential Real Estate Buying' by the number one Chinese international property portal Juwai.com says "desires to get a bargain while the market is soft" is the biggest attraction, reports News.com.au (21 January 2019).
