China Still a Major Player in Australia's Property Market

Investors from China take up about one-third of Australian developments in the property market, despite Beijing limitations on offshore company investments.

Chinese investments in Australia were around AUD$2.02 billion for 2017 in development site sales with an average of 21,785 sqm.

Due to more restrictions from both the Chinese government as well as mortgage lending from Australian banks, Chinese demand for property in Australia has relaxed throughout 2017.

Chinese developers have taken an interest in both medium and lower-density sites and have a preference for Sydney and Melbourne projects.

Image and article source: https://theurbandeveloper.com/articles/china-still-a-major-player-in-australias-property-market?


Ray White’s top 10 listings for February: (Click on address to view listing)

Terrace 40, 42 Young Street Sydney

Suite 28.02, 1 Farrer Place GPT Sydney

Suite 9.03, 46 Market Street Sydney

Level 10, 387 George Street Sydney

Level 6, 23 O'Connell Street Sydney

Level 2, 1 Barrack Street Sydney

Part floor 23, 9 Castlereagh Street Sydney

Suite 2.01, 24 Hickson Road Sydney

Part Level 3, 22 Market Street Sydney

Level 4, 86 Liverpool Street Sydney