What Chinese buyers want

  • CHINESE-language property portal myfun.com has released its latest list of hot Australian suburbs with the family-friendly Melbourne neighbourhood of Glen Waverley taking out the top spot.

Victorian suburbs Doncaster and Box Hill rounded out the top three, but the remainder of the list is dominated by NSW addresses including Epping, Mosman and West Ryde.

“Myfun” which sounds like the Mandarin expression for “buy property” is a househunting tool (owned by REA Group, the company behind realestate.com.au) for Chinese buyers seeking Australian real estate, whether they’re based overseas or already living here.

READ MORE VIA REALESTATE.COM.AU

What Chinese

Melbourne’s Glen Waverley has proven to be the top suburb for Chinese househunters according to myfun.com. This four-bedroom house recently sold for $1.518 million. Picture: realestate.com.au

Leave a Reply

Your email address will not be published.