China’s largest overseas real estate sales company expects that as Australia begins to lift the blockade, the market here will once again attract investors.
Gewai Chmiel, IQI’s chairman of Juwai.com, “Australia is already a safe country where ‘your investment can be protected’. The outbreak seems to have been well controlled, which makes it more attractive to foreign buyers. “
Chimil said that compared with the United States and the United Kingdom, the virus mortality and number of cases in Australia are relatively low, which will actually encourage Chinese people to send their children to Australia to study, which will further boost the housing market. Chimir said that Chinese buyers particularly like places close to primary and secondary schools and universities. Shopping, transportation and other services are convenient nearby, because these places are not particularly expensive by capital standards. In general, Chinese buyers like new houses. “At least 75% of Chinese buyers are looking for properties with a price of less than A $ 1 million, and the median inquiry is lower, about A $ 610,000.”
