China’s Golden Week is here, but where are the foreign buyers?

PHOTO: Former Woolworths chief Bill Wavishis asking $35 million for his Kurraba Point home.

China’s Golden Week annual holiday has come around again, and prestige agents are watching keenly in the hope it heralds a return of the foreign trophy-home hunters.

Fuelling those hopes is the confidence boost from last week’s first nine-digit house price record, good inquiry levels on key properties and a falling Aussie dollar, down  11 per cent from its January peak to 71 cents against the US greenback.

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