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PHOTO: Melbourne was by far the most popular Australian city for overseas investment in off-the-plan construction, according to the report. Photo: Ross Duncan
The amount of Chinese cash which once poured into Australian property has about halved, leaving developers and agents scrambling to recapture the record volumes of investment.
A joint report by Investorist and the Domain Group showed that as industry interest in selling off-the-plan property to Chinese investors declined, it was increasing in the surrounding, growing economies.
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