Chinese investment in Australian property could fall as much as $16b in 2017

Chinese buyers have turned off the Australian investment property market, with 43 per cent of Chinese agents surveyed by Investorist saying they would stop selling Australian property to their clients.

In 2016, Chinese investment reached a high of $31.9 billion and Investorist founder, Jon Ellis, expected it to drop to about up to $15 billion by the end of the year.

 

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This article was first published by Domain on July 8, 2017.