- CHINESE buyers are expected to splash $104.5 billion on international property this year, with about a fifth of that to be sunk into Australia.
A new Juwai.com report states that the figure would be down on the $133.7 billion spent last year — a record outlay that represented an 845 per cent increase over five years.
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Melbourne remains the Australian city of choice for Chinese buyers, and CBD is among its top sought suburbs. Picture: Mark Stewart