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Greenland Centre Sydney

Credit Suisse Predicts Chinese Will Buy $47.6B in Aussie Homes

2015/05/10 by Michael Cole Leave a Comment

A surge in Australian home purchases by Chinese buyers has led Credit Suisse to predict that mainland investors will put A$60 billion ($47.6 billion) into housing down under over the next six years.

The projection is a major upward revision… Read More>>

Xu Jiayin Sydney

Chinese Purchases of Aussie Homes Double to $9.76B in 2014

2015/05/06 by Michael Cole Leave a Comment

Sales of Australian homes to foreign buyers doubled in the most recent financial year, in a surge led by Chinese buyers.

Mainland investors pumped A$12.4 billion ($9.76 billion) into Aussie real estate from April 2014 to the end of March,… Read More>>

Joe Hockey FIRB

Evergrande Boss’ Sydney Mansion Caught in Aussie Crackdown

2015/03/04 by Michael Cole Leave a Comment

The billionaire owner of China’s Evergrande real estate bought one of the poshest homes in Sydney last year for A$39 million ($30.5 million). But now Xu Jiayin, who also owns Guangzhou Evergrande football club, has 90 days to sell off… Read More>>

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