Sydney, April 04, 2018: Due to the super-flexible lifestyle, education system, and favourable foreign policies, several Chinese investors are showing interest in the Australian real estate market. Since last decade, the number of Chinese investors real estate are constantly growing, and it is expected that the trend will rule the real estate market for the next few years.

Have a look at the major reasons why Chinese property investors have started investing in real estate in Australian cities:

Why do Chinese people find Australia attractive?

After the implementation of China’s ‘going-out’ policy in 1999, many Chinese people got interested in investing offshore. Also, the hostile government policies of their countries have driven them to come to Australia.
Moreover, people found limited investment options and an underperforming domestic residential market in China that influenced them to move to Australia due to its better investment portfolio.

Due to the difference between escalating home prices and decreasing rental incomes, Chinese investors are not only interested in Australian residential real estate properties but also in different commercial areas including Australian hotel and entertainment industries.

Australia’s foreign investment policy is another reason for escalating number of Chinese investment. People find Australia attractive as property taxes are much lower compared to higher imposts levied in other Pacific rim destinations such as Singapore, Hong Kong or Vancouver.

China remains by far the biggest foreign investor of Australian property. In 2014-15, they invested a splashing 24.3 billion as per the annual report of the Foreign Investment Review Board.

Apart from being motivated by making profits on the purchase, some Chinese property investors in Double Bay look for overseas-based property for regular holiday and vacation purposes.

Another significant reason for Chinese investment on Australian real estate property is the country’s high standard of education. Many Chinese parents do not want to subject their children to the tremendous pressure of Chinese education system. They find China’s education system rigid and lack of innovation. To avoid the pressurised environment, they consider sending their kids overseas.

Studies have revealed that many Chinese investors real estate are interested in purchasing residential properties near reputed primary and secondary school zones and universities. It indicates a significant increase in international student enrolment.