Chinese Investors Maintain Strong Interest in Australian Property

Australia is the most preferred residential real estate market outside of Asia for mainland Chinese investors, with close to $5 billion in approved purchases. Many Chinese buyers are now opting to secure permanent residency before purchasing, to avoid higher foreign investor taxes.

This sustained interest from Chinese investors could provide underlying support for specific segments of the Melbourne market, including the western growth corridor, particularly for new builds or once residency is obtained. This demographic remains a significant force.