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Mainland Chinese investment in Australian real estate surged by 16%
Mainland Chinese investment in Australian real estate surged by 16% according to the latest data from the governmental Foreign Investment Review Board. Chinese invested AU$7.1 billion in Australian residential and commercial real estate in the year 2019-20, up from $6.1 billion a year earlier. Including Hong Kong, Chinese investment totalled $9.5 billion. “Australia depends on foreign investment…
Property Market Q1 2021: COVID-19 vaccine rollout an important role
While the current environment of once-again eased restrictions offers room for improvement in Q2 2021, the property market is expected to put in a mixed performance for the duration of the year while pandemic-related uncertainties persist. With the availability and rolling out of the COVID-19 vaccine throughout the country, the National Property Information Centre expects the…

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