Asian real estate buyers

The one Australian state Asian real estate buyers will be flocking to as they hope to invest in property

PHOTO: Queensland is expected to be the next big thing in real estate for cashed-up buyers from China. Pictured is Brisbane’s South Bank area across the river from the city centre

Queensland is expected to be the next big thing in real estate for cashed-up buyers from China and across Asia.

The Sunshine State, stretching from the Gold Coast to tropical areas beyond Cairns in the far north, still lags behind Victoria and New South Wales when it comes to foreign acquisitions of residential property.

Juwai IQI, a Chinese property website geared towards international buyers across Asia, is expecting foreign demand for Queensland property to increase as the rich eye areas that aren’t so overcrowded.

READ MORE VIA THE DAILY MAIL

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