Chinese buyer interest in Australian property set to fall

PHOTO: Melbourne is the most popular Australian city for Chinese buyers, a report found. Photo: IStock/kelvinjay

Chinese buyer interest in Australian property is tipped to fall even further this year as offshore purchasers struggle to get loans and worry about a slump in house prices.

But if a push to ease up on tight lending standards spreads to welcoming back international buyers, interest in the local market could return.

Almost 46 per cent of agents who sell international property from China are selling in Australia now, a survey from property portal Investorist shows.

But only 26.4 per cent expect to sell Australian property next year.

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