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MARKET NEWS

Market conditions

The boom in foreign property investment has helped drive economic growth in Australia despite sharp declines in mining investment. 

 

The influx of foreign capital has helped drive price growth in Australian property market and foreign buyers now account for one in every five apartment sales, especially in Sydney and Melbourne.

 

A growing number of Chinese property investors are switching their focus from Australia to other markets, because regulators have increased pressures on banks to restrain foreign lending.

 

UK has become popular after Brexit due to the fall in the value of the British Pound, making property investment for Chinese nationals much cheaper.



Published: 03 March 2017