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10

Chinese Buyers Double Their Aussie Property Investments, Again

By Tony Seruga

China spending on Aussie real estate surges to A$24.3 billion
Investors from China still looking to spend more, survey shows

Chinese appetite for property in Australia shows no sign of waning after buyers doubled investment in the nation’s homes and offices for a second straight year.

Spending on Australian residential and commercial real estate rose to A$24.3 billion ($18.4 billion) in the 12 months through June 2015, up from A$12.4 billion a year earlier and A$5.9 billion in 2013, according to the Foreign Investment Review Board’s annual report…

Chinese Buyers Double Their Aussie Property Investments, Again

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