- CHINESE demand for Melbourne property is ramping up again, despite attempts by Australian banks and governments to curb foreign buying.
Chinese property-hunters inquired about AU$3.61 billion worth of Melbourne property in 2016 — up from AU$3.01 billion the year before, according to international property website Juwai.com.
PRIVATE LENDERS: Foreign buyers bypassing restrictive Aussie banks
NOT TO BLAME: Overseas buyers not behind Australian property price boom
LAW REVIEW: Some foreign investment policies ‘incentivise noncompliance’
Sally and Adrian Flint have recently bought in Preston — an up and coming Chinese hotspot. Picture: Mark Dadswell
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