• PRIVATE lenders are helping foreign buyers bypass Australian banks, reigniting Chinese interest in the country’s property market — notably in Melbourne.

One lender in particular, $1.5B Fund, has been tipped by experts to be a “game changer” for investors and developers from China, where there is “pent-up demand” for non-bank lending.

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Investorist founder and chief executive Jon Ellis says loans for Australian properties becoming available through alternative lenders had made sentiment among his Chinese clients “more positive”.Source:Supplied