- Chinese buyers' inquiries on Australian properties rose by 127% in Q1 2023 from the previous quarter: Juwai IQI.
- Juwai IQI predicts Chinese investment in Australian real estate to rise by 30% in 2023 compared to 2022.
- Australia is the top destination for Chinese buyers of offshore property.
- Foreign buyers' return to the market adds pressure to Australian housing prices.
- High-end properties are of particular interest to Chinese buyers.
Chinese Buyers Return to Resurgent Australian Property Market
Chinese buyers are once again snapping up property in Australia, further fueling resurgent prices in everything from luxury homes to tiny student apartments.
Swati Pandey
