{"id":23772,"date":"2020-02-19T12:38:34","date_gmt":"2020-02-18T23:38:34","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=23772"},"modified":"2020-02-19T12:38:41","modified_gmt":"2020-02-18T23:38:41","slug":"coronavirus-outbreak-melbourne-rentals-sit-empty-as-students-wait-in-china","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/coronavirus-outbreak-melbourne-rentals-sit-empty-as-students-wait-in-china\/","title":{"rendered":"Coronavirus outbreak: Melbourne rentals sit empty as students wait in China"},"content":{"rendered":"\n

PHOTO: Sales in Box Hill have slowed, according to NAB’s group chief economist.\u00a0Photo:\u00a0iStock <\/strong><\/p>\n\n\n\n

Melbourne\u2019s rental market is feeling the effects of the coronavirus outbreak, as student apartments sit empty while their potential tenants wait in China for Australia to lift its travel restrictions.<\/p>\n\n\n\n

There are fears that if Chinese students don\u2019t arrive soon, the apartments may stay empty for the rest of the year.<\/p>\n\n\n\n\n\n

Belle Property Carlton director Scott McElroy said there were between 20 and 30 properties on their books that had been rented to Chinese students before the coronavirus outbreak, still waiting for them to arrive.<\/p>\n\n\n\n

\u201cThere\u2019s some conflicting stories about what\u2019s going on in China,\u201d Mr McElroy said. \u201cIf they [students] don\u2019t come out in the next couple of weeks, they might not come at all this year.\u201d<\/p>\n\n\n\n

READ MORE VIA DOMAIN<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

PHOTO: Sales in Box Hill have slowed, according to NAB’sRead More →<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":23773,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478108817,478108580,478098537,478099369,478101575,478099256,478108815,478103419,478108816],"class_list":["entry","author-data123nz","post-23772","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-chinese-students","tag-coronavirus","tag-melbourne","tag-melbourne-house-prices","tag-melbourne-property","tag-melbourne-real-estate","tag-melbourne-rentals","tag-melbournes-property-market","tag-student-apartments"],"yoast_head":"\nCoronavirus outbreak: Melbourne rentals sit empty as students wait in China - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/coronavirus-outbreak-melbourne-rentals-sit-empty-as-students-wait-in-china\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coronavirus outbreak: Melbourne rentals sit empty as students wait in China - 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